initdb failing

Hello

My platform is:

Windows 2000 sp4
Cygwin 1.5.10-3
Postgresql 7.4.3.1

As per the instructions I start cygserver in the background and then run
initdb:

v&p(dot)test(at)DOW2K00028396 ~
$ initdb -d -D /usr/local/pgsql/data
Running in debug mode.

initdb: internal variables:
PGDATA=/usr/local/pgsql/data
datadir=/usr/share/postgresql
PGPATH=/usr/bin
ENCODING=
ENCODINGID=0
POSTGRES_SUPERUSERNAME=v&p.test
POSTGRES_BKI=/usr/share/postgresql/postgres.bki
POSTGRES_DESCR=/usr/share/postgresql/postgres.description
POSTGRESQL_CONF_SAMPLE=/usr/share/postgresql/postgresql.conf.sample
PG_HBA_SAMPLE=/usr/share/postgresql/pg_hba.conf.sample
PG_IDENT_SAMPLE=/usr/share/postgresql/pg_ident.conf.sample
The files belonging to this database system will be owned by user "v&p.test".
This user must also own the server process.

The database cluster will be initialized with locale C.

creating directory /usr/local/pgsql/data... ok
creating directory /usr/local/pgsql/data/base... ok
creating directory /usr/local/pgsql/data/global... ok
creating directory /usr/local/pgsql/data/pg_xlog... ok
creating directory /usr/local/pgsql/data/pg_clog... ok
selecting default max_connections... Signal 12
Signal 12
Signal 12
Signal 12
Signal 12
Signal 12
10
selecting default shared_buffers... Signal 12
Signal 12
Signal 12
Signal 12
Signal 12
Signal 12
Signal 12
Signal 12
Signal 12
Signal 12
Signal 12
50
creating configuration files... ok
creating template1 database in /usr/local/pgsql/data/base/1... DEBUG:
invoking
IpcMemoryCreate(size=1081344)
Signal 12

initdb: failed
initdb: removing data directory "/usr/local/pgsql/data"

Cygcheck:

Cygwin Package Information
Package Version Status
_update-info-dir 00227-1 OK
ash 20040127-1 OK
base-files 2.6-1 OK
base-passwd 1.1-1 OK
bash 2.05b-16 OK
bzip2 1.0.2-5 OK
crypt 1.1-1 OK
cygipc 2.03-2 OK
cygrunsrv 1.0-1 OK
cygutils 1.2.5-1 OK
cygwin 1.5.10-3 OK
cygwin-doc 1.3-7 OK
diffutils 2.8.7-1 OK
editrights 1.01-1 OK
fileutils 4.1-2 OK
findutils 4.1.7-4 OK
gawk 3.1.4-3 OK
gdbm 1.8.3-7 OK
grep 2.5-1 OK
groff 1.18.1-2 OK
gzip 1.3.5-1 OK
less 381-1 OK
libbz2_1 1.0.2-5 OK
libgdbm 1.8.0-5 OK
libgdbm-devel 1.8.3-7 OK
libgdbm3 1.8.3-3 OK
libgdbm4 1.8.3-7 OK
libgettextpo0 0.14.1-1 OK
libiconv2 1.9.2-1 OK
libintl1 0.10.40-1 OK
libintl2 0.12.1-3 OK
libintl3 0.14.1-1 OK
libncurses5 5.2-1 OK
libncurses6 5.2-8 OK
libncurses7 5.3-4 OK
libpcre 4.1-1 OK
libpcre0 4.5-1 OK
libpopt0 1.6.4-4 OK
libreadline4 4.1-2 OK
libreadline5 4.3-5 OK
login 1.9-7 OK
man 1.5k-3 OK
mktemp 1.5-3 OK
ncurses 5.3-4 OK
openssl 0.9.7d-1 OK
postgresql 7.4.3-1 OK
readline 4.3-5 OK
sed 4.0.9-2 OK
sh-utils 2.0.15-4 OK
tar 1.13.25-5 OK
termcap 20021106-2 OK
terminfo 5.3_20030726-1 OK
texinfo 4.2-4 OK
textutils 2.0.21-1 OK
vim 6.3-1 OK
which 1.5-2 OK
zlib 1.2.1-1 OK

I have installed postgresql on cygwin in the past no problem, this is the
first time have come across this error. When I installed cygwin I had some
jip regarding users and had to update my /etc/passwd file:

SYSTEM:*:18:544:,S-1-5-18::
Administrators:*:544:544:,S-1-5-32-544::
bacs_admin:unused_by_nt/2000/xp:500:513:U-DOW2K00028396\bacs_admin,S-1-5-21-2016
221598-611480373-1244091144-500:/home/bacs_admin:/bin/bash
bacs_guest:unused_by_nt/2000/xp:501:513:U-DOW2K00028396\bacs_guest,S-1-5-21-2016
221598-611480373-1244091144-501:/home/bacs_guest:/bin/bash
v&p.test:*:502:545:/home/v&p.test:/bin/bash

Thaks