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use the com1, and use a baud rate like 9600, with 8 and 1 bit stop. dont. be sure that is in ESC/P or IBM as you requiered. if your software use directly the serial port, be sure that the bios set up is properly. i think that the lx300+ have less buffer than lx300+2 and if you use high speed, could loose info.
Hi, you may want to reset/restore the Epson LX300 to default settings. This can be done by pressing down on the FONT button while powering on the printer. If done right the LX300 will print a test page with the firmware version.
It is also possible that the drivers are corrupted. In Start, Printers & Faxes, delete the LX300 printer, restart your PC and then re-install via Add Printer.
In some cases, defective parallel cable can also cause problems. Unfortunately the only sure way of checking is by replacing the printer/parallel cable with a known good/operation cable.
If the printer would really be requiring service, a Service Manual is available at (http://www.eserviceinfo.com/index.php?what=search2&searchstring=DPA-300)
Hope this be of some help to you. Good luck and pls post again how things turn up.