Are you in the directory with the configure script when you're running ./tools/wineinstall? Maybe you downloaded an incomplete tarball or something and your configure script is missing.
I did what is said above, and the installer ran. When it complied however, about a thousand of these errors appeared:
main.o(.text+0x13b0):/home/wayeryan/wine-20030219/dlls/ddraw/main.c:532: undefined reference to `GetProcAddress'
About a thousand of these, with the only difference where is said "GetProcAddress" appeared, and the install failed. Another example is below:
dsurface/user.o(.text+0x985):/home/wayeryan/wine-20030219/dlls/ddraw/dsurface/user.c:526: undefined reference to `LeaveCriticalSection'
Any more help?