Thank you for suggestions
I will check them out.
Yes it is windows server 2008
I have uninstall and re-installed PHP.
This is the funny part: I have other sites on this server (personal), and they are run fine. Even the modules with my ee website come up fast.
What I cannot figure out as where to manage FastCGI. I only see it in the server manager | roles | IIs , but it does not allow any changes except add/remove. this is true both for all website and the particular ee based site.
I have tried to follow the info on Microsoft site, but what they say and what the actual server is do not match!!!!!
One more note: when I look at processes, PHP-fastCGI is almost using 100% of the cpu!!! but I cannot figure out how to manage it.