HELP! is this a virus or a hoax??? ANSWERED - THANKS

I received this email - i ran the check and there is a 15k file with a teddy - should i delete it? is it a virus or would i be deleting something important??? i don't know the person who sent the email and so don't quite trust it.

This is what it says:

I just found out I received a virus that automatically is passed through
email address books. Since you are in my address book, you will probably
find it in your computer, too. The virus (called jdbg.exe) is not
detected by Norton or McAfee Anti-virus systems. The virus sits quietly
for 14 days before damaging the system. It is sent automatically by
'messenger and by address book, whether or not you sent e-mail to your
contacts.


Here is how to check for the virus and how to get rid of it.

PLEASE DO THIS ASAP:
I. Go to Start, then click your 'Find' or 'Search' option


2. In the folder option, type the name... jdbgm
3. Be sure to search your C Drive and all the sub

folders and any other drives you may have


4. Click 'Find Now'

5. The virus has a teddy bear icon with the name jdbgmgr.exe Do not open
it!


6. Go to Edit (on the menu bar) and choose "Select All' to highlight the
file without opening it.

7. Now go to File (on the menu bar) and select delete. It will then go
to the recycle bin. If you find the virus, you must contact all the
people in your Address Book so that they may eradicate the virus from
their own address books.



To do this:

1. Open a new e-mail message

2. Click the icon Address Book or Contacts next to 'TO'

3. Highlight every name and add to "BCC"

4. Copy and Paste this message and click 'Send'