Well, I'd guess you didn't input a partition number...
Also if you read the man-page it says:
Code:
resize partition start end
resize the filesystem on partition to start at start and end at end megabytes
So using % won't work.
Correct syntax would be something like:
# parted /dev/hdb resize 2 52Mb 104Mb mkfs 3 vfat
(<- taken from the info page, I changed it slightly. I'm guessing that it uses vfat for fat32)
Hovever I think you should install a graphical interface for parted, like gparted, and use that. It will probably be alot easier.
Though, I think you should know that ntfs-3g can read and write ntfs just fine. I don't think it's available for fc5. Though, If your willing to upgrade to fc6, I'd recommend that instead.
There are also ext3 drivers available for windows. The one I have allows both reading and writing, and works fine as far as I can tell.