[mod_python] Apache Virtual Host and mod-python error

I am getting an error when using Apache (v 2.0) Virtual Host and 
Mod-python (v3.2.10).

Mod_python error: "PythonHandler roundup.cgi.apache"
Traceback (most recent call last):
 File "C:\Python24\lib\site-packages\mod_python\apache.py", line 276, in
HandlerDispatch
   newpath = eval(pathstring)
 File "", line 1
   /Python24/python.exe
   ^
SyntaxError: invalid syntax

When I refresh the page, the error disappears, and the page is 
displayed.  The error tends to happen consistently when I re-start 
Apache service and go to the page for the first time.  I have modified 
the line in Virtual host directive to be C:/Python24/python.exe, but the 
same behavior happens.  I tried adding TimeOut 300 and KeepAliveTimeOut 
15 setting to the Virtual Host directives, but they don't help with it 
either.  Any suggestions on what I could try to remedy this?

Thank you,
Tonu