It's not impossible, but it's not likely. Your PC is recognizing an unknown device, so the connection is there. The problem is, the PC doesn't know what the device is. That's where the device drivers interact with the usb port.
Since you have the CD, I'm assuming that you've already installed the drivers off the disc......
Are you using front panel or back panel usb ports? First, you should try a different usb port. If that doesn't work, uninstall the usb root hubs, uninstall the device, and then restart the PC.