Word Reader error

I'm trying to use the Word Reader in v7.5 and I get the following error:

Script: [Line: 2] Command failed

And here is the VBScript it is failing on:

Set oWord = CreateObject("Word.Application")
Set doc = oWord.documents.Open ("\$(FilepathToConvert)")
on error resume next
doc.SaveAs "\$(ConvertedPath)", 2
doc.Close
Set doc = Nothing
oWord.quit
Set oWord = Nothing


Word 2003 is installed (which is why it makes it through line 1). The component doesn't mention that a particular version of Word is required. Anybody have any ideas what is going wrong?

Thanks.

Robin