I have removed my hard drive from my primary laptop because windows xp
was crashing constantly and I need to transfer the files from this
hard drive to CDR, before I format and reinstall.  I have mounted this
hard drive into an external usb 2.0 hard drive case.  I have plugged
this newly created external usb hard drive into my secondary laptop
running windows XP.  This new external hard drive appears as Drive
"E". I can click around in the folders on this newly mounted drive.

Here is the problem: I cannot access my "owner" folder on the external
hard drive.  This original hard drive, was password protected for the
"owner".  I have this password, that is not the problem.  Everytime I
click on "owner" on this newly mounted hard drive, it gives me the
error of : "E:/Documents and Settings/ Owner  is not accessible 
Access is denied."

I would hope it would prompt me to input my password, but it doesn't. 
I can access the rest of the hard drive fine...all the shared
documents / files / and even run programs on this newly mounted hard
drive, but I cannot access my "owner" folder, which coincidentally
contains all my good files.

I need to access my "owner" folder which is password protected.  Thank you.

First, try taking ownership of the folder.  Right-click the Documents
and Settings\Owner folder, go to the Security tab, click on
"Advanced", go to the "Owner" tab.  Assign the owner as yourself.
More detailed instructions, Google: "windows xp" "documents and
settings" "not accessible"
://www.google.com/search?q=%22windows+xp%22+%22documents+and+settings%22+%22not+accessible%22&btnG=X
http://support.microsoft.com/?kbid=810881


Google: "windows xp" ntfs permissions problem
google.com/search?q=%22windows+xp%22+ntfs+permissions+problem&btnG=X

If neccessary, you can bypass NTFS permissions:
"boot to knoppix linux from a cdrom, it breaks all NTFS permissions.."
http://www.jinxhackwear.com/forum/topic.asp?TOPIC_ID=6359