HP LaserJet 4050 help

[Wade Smart]

07162007 1626 GMT-6

What am Im seeing here:
wadesmart at wadesmart:~$ lpstat -p -d
printer LaserJet-4050 now printing LaserJet-4050-7.  enabled since Mon 
16 Jul 2007 09:05:36 AM CDT
        open print channel failed; will retry in 30 seconds...
no system default destination
wadesmart at wadesmart:~$

Is this saying it can see my printer but it cant print to it?
What is the no system default destination message mean?

wade