The Auxsource switch helps only if the event log is viewed on another computer than it was generated, and the software is not installed on that other computer.
MSSQL$MICROSOFT##SSEE is the SharePoint Service database (MSSQL Server). All references I have found are about having autoclose on that database defined, which leads to considerable delays when trying to access the DB. This link should help you to be able to switch it off:
http://www.microsoft.com/communities/newsgroups/en-us/default.aspx?dg=microsoft.public.sharepoint.setup_and_administration&tid=71af2356-f92e-4b15-8b09-798a91288cc3&cat=%E2%8C%A9=&cr=&sloc=&p=1