Scratch this. I contacted my host company and they wont compile the cgi version of php. So I need to look into alternatives. From searching through the forums, I saw that you could either use lynx or wget.
I tried using lynx, e.g.
05 00 * lynx -dump http://domain.com/myscript.php
fyi - the script queries a table and writes the results to a created text file.
The cron extecuted but I dont think my script was executed (the text file wasn't created). I got mail from the cron daemon containing the script. I was under the impression that output or error messages would be sent. Does the script get sent if niether output was not specified in the script nor an error occured? Thanks!