Processor driver for Windows Server 2003 must be installed

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Symptom
On Windows Server 2003, SAP high resolution timer delivers incorrect values. There are the following symptoms:
Developer traces contain a lot of warnings:
M *** WARNING => endtime (1177209745/443095)
before starttime (1177209745/709153)sapntchk.exe delivers the following log information:
Fast CPU timers : Not Synchronized
OS timers : Not Synchronized
ERROR : OS timers ‘QueryPerformanceCounter’ must be synchronized. Ask your [...]