Further to my earlier post.
It pays to update only with "MacOSXUpdateCombo10.3.5.pkg" and not as I did
last Thursday  with the "Patch" only.
Lloyd White is correct when he says he had no problem with his ISDN modem
after updating. He probably used the combo update.
I am now back to "normal" using my ISDN modem.
It has been a very frustrating few days.
Regards,
Rod