Hi dgoodin,
I also had this problem it seems that Parallels does an auto login on the Administrator account. It uses a really bad practice of a blank password. It took me a while to figure it out too. You can set your password for the Administrator account but you'll have to do the following:
1. Wait for windows to get to that point where it seems to stop.
2. Hit Alt Tab and you'll notice a second window opened. This is the auto login that failed
3. Click on the OK for the failed password attempt
4. Login as normal.
If you run in Coherence mode you won't see the failed login; it's hidden behind the "Start Windows" screen. You will see it when you run in Full Screen mode.
If you're listening Parallels people - on the install process allow the user to set the password for administrator and _not_ have a blank password. Secondly let the user select the acount for auto login in the VM Settings
BTW It would be good if the Parallels representitives made posts here
Cheers
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