[Microsoft][ODBC SQL Server Driver][SQL Server]Statement(s) could not be prepared.

I am using PowerDesigner to reverse engineer a SQL 2000 database. I am getting the following error. I can't find out what this error means. Does anyone know?

Unable to list the users. [Microsoft][ODBC SQL Server Driver][SQL Server]Statement(s) could not be prepared. SQLSTATE =37000

This error is caused when the client is asking the server to prepare a statement which has errors. For example if there is a syntax error in the statement that is being attempted to be executed and SQLPrepare ODBC API is called on it, you will hit this problem. Do you know if the T-SQL you are trying to execute valid or not. To find out the exact problem try using SQL Profiler to see which statement failed to execute.

Thanks

Waseem Basheer