Start: Applet not Intialized

Hi,
I was reading the forums and found one similar to the problem that I am having but I didn't get the answer I need. Anyway when I start my applet I get the "Start: Applet not Intialized" messege I cannot figure out why the form I designed won't display. I have been reading posts and java books for hours and I have not found anything that has helped me.
Any help would be appreciated. Here is my code.
RedRabbit

import java.awt.*;
import java.applet.*;
import java.awt.event.*;

public class Exchange extends Applet implements ActionListener {

CheckboxGroup radioGroup;
Checkbox radioUS;
Checkbox radioEuro;
Checkbox radioChina;
Checkbox radioBrazil;
Checkbox radioPaki;

Button calcButton;
Button clearButton;
Button receiptButton;
Button quitButton;

TextField canField;
TextField exField;

public void init() {
initComponents();
radioGroup = new CheckboxGroup();

radioUS = new Checkbox("", radioGroup,true);
radioEuro = new Checkbox("", radioGroup,false);
radioPaki = new Checkbox("", radioGroup,false);
radioChina = new Checkbox("", radioGroup,false);
radioBrazil = new Checkbox("", radioGroup,false);


add(radioUS);
add(radioEuro);
add(radioPaki);
add(radioChina);
add(radioBrazil);
add(L1);
add(L2);
add(canField);
add(exField);
add(calcButton);
add(clearButton);
add(receiptButton);
add(quitButton);

// Attach actions to the components
calcButton.addActionListener(this);
clearButton.addActionListener(this);
receiptButton.addActionListener(this);
quitButton.addActionListener(this);
}



public void actionPerformed(ActionEvent evt)
{

if (evt.getSource() == calcButton)

repaint();


else if (evt.getSource() == clearButton)
{


clearButton.setLabel("Not here!");

canField.setText("That was the wrong button!");

repaint();
}
}


private void calcButtonActionPerformed(java.awt.event.ActionEvent evt) {
// TODO add your handling code here:
L2.setText("jlsdjlf");
}


// Variables declaration - do not modify
private java.awt.Label L1;
private java.awt.Label L2;
// End of variables declaration

}

hi,
I figured out my problem. I am new to java and I am using NetBeans. This piece of software is very helpful in that when you create you GUI it automatically generates a large portion of your code. I did not realize how much it actually created and this lead me to override what the computer had done. When I overrode the computers code it decided not to work.
Red Rabbit