...
>passworddir /usr/tivoli/tsm/client/ba/bin/passwd.daily
>
>When i run dsmc command i receive the following error:
>
>/17/2003 17:12:54 TCA EXIT rc = 168
>11/17/03 17:12:54 ANS1503E Valid password not available for server
>                  'TSMSERVER'.

My guess would be that either the "passwd.daily" object in your client directory
is a plain file rather than a directory, or that the directory doesn't exist.
Have a good look at that file system object for existence, type, and
permissions.  Make sure you run the password planting under user root.

  Richard Sims, BU