You must have instaled samba-3.0.1 with libsmbclient library.
I tested smbc in RedHat 7.3 with gcc-2.96 and RedHat 9.0, with gcc-3.2.2.
If you have samba-3.0.0 parameter timeout from ~/.smbc/smbcrc is disabled.

download smbc-latest.tgz
tar zxvf smbc-latest.tgz
cd smbc
./configure 
make
make install
