I guess stand by means the action is kept pending for now. I am not sure why you have been trying to restore the Quarantine Item, which is not generally advisable. McAfee Quarantines a file only if it suspects the files or it's activity to mal -function on the computer.
Can you provide more details on the file and the program associated with that file . I can get you more information based on your inputs.
Thanks for ur response. I actually recovered the info I was looking for. I had accidentally moved it into another folder by mistake (during a reinstall of Windows XP Home and resetting all my files and folders in their appropriate locations on the C drive. All good!
Glad to know that your issues is resolved.Please get in touch through a new thread incase if you have any other issues.