Can anyone tell me what this error means?

AssemblyVersion: 04.05.01
PortalID: 0
PortalName: Streetseen.com
UserID: -1
UserName:
ActiveTabID: 190
ActiveTabName: Splashpage
RawURL: /default.aspx
AbsoluteURL: /default.aspx
AbsoluteURLReferrer:
UserAgent: Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.1.4322; Alexa Toolbar; .NET CLR 2.0.50727)
DefaultDataProvider: DotNetNuke.Data.SqlDataProvider, DotNetNuke.SqlDataProvider
ExceptionGUID: 7e3ed873-e4f1-49e3-83b0-8cb5364538be
InnerException: Unhandled Error:
FileName:
FileLineNumber: 0
FileColumnNumber: 0
Method: System.Data.ProviderBase.DbConnectionPool.GetConnection
StackTrace:
Message: System.Exception: Unhandled Error: ---> System.Data.SqlClient.SqlException: Timeout expired. The timeout period elapsed prior to completion of the operation or the server is not responding. at System.Data.ProviderBase.DbConnectionPool.GetConnection(DbConnection owningObject) at System.Data.ProviderBase.DbConnectionFactory.GetConnection(DbConnection owningConnection) at System.Data.ProviderBase.DbConnectionClosed.OpenConnection(DbConnection outerConnection, DbConnectionFactory connectionFactory) at System.Data.SqlClient.SqlConnection.Open() at Microsoft.ApplicationBlocks.Data.SqlHelper.ExecuteReader(String connectionString, CommandType commandType, String commandText, SqlParameter[] commandParameters) at Microsoft.ApplicationBlocks.Data.SqlHelper.ExecuteReader(String connectionString, String spName, Object[] parameterValues) at DotNetNuke.Security.Membership.Data.SqlDataProvider.GetUserProfile(Int32 UserId) at DotNetNuke.Security.Profile.DNNProfileProvider.GetUserProfile(UserInfo& user) at DotNetNuke.Entities.Users.UserInfo.get_Profile() at DotNetNuke.Entities.Users.UserInfo.set_FirstName(String Value) at DotNetNuke.Security.Membership.AspNetMembershipProvider.FillUserInfo(Int32 portalId, IDataReader dr, Boolean isHydrated, Boolean CheckForOpenDataReader) at DotNetNuke.Security.Membership.AspNetMembershipProvider.GetUserByUserName(Int32 portalId, String username, Boolean isHydrated) at DotNetNuke.Entities.Users.UserController.GetCachedUser(Int32 portalId, String username) at DotNetNuke.HttpModules.DNNMembershipModule.OnAuthenticateRequest(Object s, EventArgs e) at System.Web.HttpApplication.SyncEventExecutionStep.System.Web.HttpApplication.IExecutionStep.Execute() at System.Web.HttpApplication.ExecuteStep(IExecutionStep step, Boolean& completedSynchronously) --- End of inner exception stack trace ---
Source:
Server Name: FP2

Often 'timeout expired' through wrong password.

Is the database at the same machine where the dnn is seated?