[iPAQ] ipkg update problem

Hi everybody,
I'm getting this error any idea why?
Many thanks

~ # ipkg update
wget: not an http or ftp url: /Packages
ipkg_download: ERROR: Command failed with return value 1: `wget
--passive-ftp -q -P /tmp/ipkg-x4xlwj /Packages'
~ #

-- 
Grzesiek Sedek <grzesiek_at_mi2.hr>