Looping on a symbolic link during folder download

Seems that SmartFTP got locked in a loop trying to access a link in the file system during download of a directory hierarchy. Looks like it would go on forever.

227 Entering Passive Mode (64,5,40,22,97,178)
Opening data connection IP: 64,5,40,22,97,178 PORT: 25010.
RETR products.txt.category
550 Can't open products.txt.category: Permission denied
PASV
227 Entering Passive Mode (64,5,40,22,243,113)
Opening data connection IP: 64,5,40,22,243,113 PORT: 62321.
RETR products.txt.category
550 Can't open products.txt.category: Permission denied
PASV
227 Entering Passive Mode (64,5,40,22,201,182)
Opening data connection IP: 64,5,40,22,201,182 PORT: 51638.
RETR products.txt.category
550 Can't open products.txt.category: Permission denied

A raw dir list shows:

lrwxrwxrwx 1 32001 32001 49 Sep 21 2003 products.txt.category -> /home/tc01/catalogs/tc01/products/products.txt.10

Selecting this item (products.txt.category) in the folder pane gives:

CWD /catalogs/tc01/products/products.txt.category
550 Can't change directory to /catalogs/tc01/products/products.txt.category: Not a directory