I have found the answer.
The big difference is that the handle the waits a connection is the same that does communications to a client. I would have to create a new named pipe for the server to wait for the next client.
References:
http://msdn.microsoft.com/en-us/library/windows/desktop/aa365799%28v=vs.85%29.aspx
http://msdn.microsoft.com/en-us/library/windows/desktop/aa365588%28v=vs.85%29.aspx
http://msdn.microsoft.com/en-us/library/windows/desktop/aa365603%28v=vs.85%29.aspx
