Yes;

Connect printer to one computer;; weka drivers of printer on that one computer. (Set as Printer Server - using "control panel" - right click; choose properties - click "sharing" weka sharing Name)

Connect the two comps using cross-over cable; Give them IP addresses.

On Comp without computer sema "add printer" "network printer" "weka IP address of the first comp you installed printer" 

"identify/confirm the printer's name" Accept - and Voila !!!!