The problem may be the Red X but still no sound through the ASIO driver.
I also got the message “could not initialize the sound at 88200”
I then switched down to 44100 and the message went away but no sound from the ASIO driver still.
*** I have since found that the MS GS wave synthesizer needed to be turned off for the red X to vanish, but still there are no sounds.
I also found that the default sound card sometimes turns itself off. But that’s no big problem.