First, try running the IE Repair Tool -
Description of the Internet Explorer Repair Tool
http://support.microsoft.com/default.aspx?scid=kb;EN-US;q194177
How to Reinstall or Repair Internet Explorer and Outlook Express in Windows
XP (Q318378)
http://support.microsoft.com/default.aspx?scid=KB;EN-US;Q318378
This has been the usual fix for new-window-blank issues.
If no joy, update/reinstall your scripting engines from here:
http://msdn.microsoft.com/library/default.asp?url=/downloads/list/webdev.asp
If still no joy, go to File Types (My Computer...Tools...Folder
Options...File Types tab)
Scroll down to the URL: Hypertext Transfer Protocol file type, click to
highlight, click Edit, click Open, click Edit (slightly different with Me -
click to highlight, click Advanced, click Open, click Edit).
Application used: "C:\PROGRA~1\INTERN~1\iexplore.exe" -nohome
Use DDE box should be checked
DDE Message: "%1",,-1,0,,,,
Application: IExplore
DDE...not running: <blank>
Topic: WWW_OpenURL
Okay out.
Or try this article:
You Cannot Open New Internet Explorer Window or Nothing Happens After You
Click a Link
http://support.microsoft.com/default.aspx?scid=kb;en-us;281679
More information:
http://inetexplorer.mvps.org/answers.htm#new_window