You see the NT system in your "Network
Neighborhood", but as soon to like to access
it to view the list of "Shared"
resources, you get prompted for a password:

What is this "IPC$" ?
On the NT-system, the disk was properly "shared":

When you started your Windows95 system and got the Network
Login-screen:

under which "User-Name" and
"Password" did you login ?
Most Windows95 users are a little "sloppy" with
User-Names, because in worst case, Windows95 will just prompt for
a new Password, and on a Windows95 PC-to-PC network, access is
anyway NOT controlled by User-Level.
And since now on the NT-system the sharing is set to "EVERYONE", you should be able to connect using ANY
User-Name ?
WRONG !
NT understands "EVERYBODY"
not really as anybody (using any name), but as the User-group
"EVERYBODY", which contains automatically
all users defined on the NT system ( as a "Secure
Operating system", NT does not give away
access to the disk to an unknown user without proper
authorization ! )
So, if you got the above message, then you did NOT login to the
Windows95 system with a User-Name and Password,
as it is defined as a valid NT-user.
(for more details, see NT4 User Permissions)