installing Windows 2k3 on Virtual server 2007 R2

i installed Virtual Server R2 on my machine for the first time, i'm accessing the server thru the VM remote control, is there another way to access it? my second question is as soon as i start the VM it tries to boot off the network, when i hit Del or F2 it refreshes and goes back to the same screen then it goes to
"Reboot and Select proper boot device, or insert boot media and selected boot device"
i can't even get o the bios to verify the boot sequence of the drives.

p.s. i'm able to boot off the w2k3 CD in my CD drive on another computer.

any help will be greatly appreciated