Asp pages load very slowly

I have an asp app (vbScript) that I have loaded on a brand new server (4gb
ram, 2-dc 3.2 ghz, Raid 5, etc). The app uses a SQL 2000 db (located on a
different server) that has also ben setup and tested. The problem I am having
is that when I load an asp page, it does load - but it takes far too long. I
am running IIS 6 on Windows Server 2003 Standard R2.

In troubleshooting, I have created a test.asp page that pulls 1000 records
out of the database and displays the record set into a standard html table.
This page takes roughly 20 seconds to process on this problem server. I have
also placed this same test script on two other servers accessing the same
database and this takes less than 2 seconds to process as one might expect.

To try and narrow down to the problem, I have taken the "view source" output
from my browser of the test asp.page and created another page that is called
test2.asp but contains only the strict HTML (not scripting). This page loads
quickly.

To further diagnose, I have changed the script to pull, for example, 10,
then 25, then 100, then 500 records to display and the page rendering is
proportionately slow.

On the surface it appears that when IIS needs to process scripting (through
the asp.dll??) - this is when we experience very sluggish results. This is
very unusual. I can't imagine this is hardware related and hoping its just a
configuration issue that I have missed over and over. Searching online is
just leading to dead ends or response.buffer related issues which is
unrelated to the above.

Any comments or assistance would be appreciated.