Loading Image From XML

I have a fairly simple script that loads an image from XML into a blank movie clip.
When I preview it in flash the image loads (and changes) fine. When I view it live in a browser the image does not load but everything else works.

This is one child node from the XML:

    <airport name="PBI - Palm Beach International" bgcolor="374B9F" photo="/images/pbi.jpg">
	<bgswf url="" />
	<desc>"Palm Beach"</desc>
	<links></links>
    </airport>

The SWF sits in the root web directory and the image is in the images folder. I cant figure out why it works in preview and not live.

There is no FTP or folder changes involved, local server… FLA in same root folder and it is saving the preview SWF in the root each time I preview and the XML is also in the root.

Any thoughts?