Installing Fedora7 using HTTP method: Problem and a solution!

Fedora 7 as most Linux distributions is very flexible when it comes to deployment, sure! you've got plenty of methods to do it- I mean the deployment or the installation if you will- and believe me this a huge benefit especially if you -like me- find yourself in weird situations like for instance ... your CD-Rom reader thinks it has worked hard enough and decided it's time for some long or maybe eternal vacations! you finished downloading the ISO image of your preferred Linux distribution and burn it to a DVD... and to your surprise you realize that you don't have a DVD reader but only a CD-ROM reader!!! come-on things like that happen, it just did to me! ...
So, using a virtual CD-ROM drive tool that lets you mount ISO images and open them as if you are using a real drive I mounted the Fedora7 ISO image and copied the files to another folder in the hard drive, The tool is from Microsoft and is called winxpvirtualcdcontrolpanel but it is not supported by the giant company as the "readme.txt" file that comes with it states! No big deal! we just want the work done! don't we?
The process of installing Fedora goes as usual: Boot from the rescue CD, choose "upgrade or Install" option when asked to do so and get to the below Menu:
I've got the IIS web server ready in the Windows side and already shared the Fedora installation folder which by the way is at http://192.168.1.12/install, so choosing the HTTP option is obvious! well, I did choose it and went through picking which network card to use and adding the necessary information:



That's it! we are ready to kick the installation!
Surprise! what the hell is this thing?! what's wrong?! apparently nothing from my side! yeah! I see it too, I see the double forward slash after the IP address and for your information, I tried every possible and impossible combination of back and forward slashes and no use!
I think it's a problem with the rescue CD that comes with Fedora7! or is it?
What the solution, huh?
Didn't I say Linux is very flexible, didn't I?
The simplest thing to do is to use the FTP method, it takes just some time to configure an FTP share in the IIS server which I did and Yupee! I really like Linux and it's many ways of doing the same thing!