If you look before the 488 error, you should also see the line LabVIEW: An input parameter is invalid. Since I assume you're not using GPIB, this should be the one to interest you. Scan from String expects a string of a certain structure to enter it (that structure is determined by the string entering the Format String terminal, and can be configured by right clicking the VI and selecting Edit Scan String).
My guess is that you are feeding an empty string into the VI (use a probe to check), which is why you're getting the error. If this doesn't help, then you should do what becktho suggested. BTW, you should always read the help and use probes to check if things are working properly.
To learn more about LabVIEW, I suggest you try searching this site and google for LabVIEW tutorials.
Here and
here are a couple you can start with. You can also contact your local NI office and join one of their courses.
In addition, I suggest you read
the LabVIEW style guide and the LabVIEW user manual (Help>>Search the LabVIEW Bookshelf).
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