You don't have valid IP addresses on the wired connection, which is the basic issue.
Configure the wired connections on the machines as follows.
PC #1:
IP address: 192.168.9.1
Subnet Address: 255.255.255.0
PC #2:
IP address: 192.168.9.2
Subnet Address: 255.255.255.0
Leave the Default Gateway and DNS Server addresses blank.
Make sure any firewalls are configured to put the 192.168.9.x subnet in the trusted zone.
Finally, you'll have to enable fine/print sharing on the machines and actually share one or more folders or drives. Also, make sure that NETBIOS over TCP/IP is enabled on both machines for this connection.
Here's a page that describes the process in detail:
http://www.howtodothings.com/compute...2-pcs-directly