Problem with ".nsmbrc" file

[Jerry]

Since updating to FreeBSD 10 BETA, I have had problems getting
"mount_smbfs" working correctly.

When I use the "-N" flag, I receive an error message:

# /usr/sbin/mount_smbfs -f 0664 -N -U user at isp.com //username at server/Documents /usr/home/username/WinDocs
mount_smbfs: unable to open connection: syserr = Authentication error

Now, if I do not use the "-N" option, I will be prompted for the password. I enter it and all is well.

This is the ".nsmbrc" file:

# First, define a workgroup.
[default]
workgroup=WORKGROUP

[SERVER:USER]
addr=192.168.1.103
password=$$<CRYPTO>

I have triple checked the password and it is correct.

-- 
Jerry