The RS232-TTY or current-loop converter makes a conversion from a voltage level to a current level. The data the computer sends to the PLC is translated from voltage pulses to current pulses. For the opposite direction the translation is from current to voltage. In the programming devices from Siemens, such as PG710, PG730 and the newer PG720 or PG740, this converter is built in to the computer and uses some free pins on the 25-pole RS232 connector.
If you make a converter yourself, such as the converter to be found on the plcman website, you have to connect it between the RS232 connector (be it 9-pole or 25-pole) and the 15-pole connector at the PLC side. You could make the converter with a 25-pole connector and use a 9 to 25 serial adapter. It should work wit a Pentium, I even used a homebuild converter on a Pentium 4 machine running Windows 2000.
Kind regards,