sidebar conditionals

Hi everybody,
I’m working on the sidebar.php file and can’t for the life of me guess what I’m doing wrong. I’m not a php pro but I can defend myself. I want a portion to display only on the home page and a page template. On everything else is should be hidden, but I don’t get this result. Can’t tell you why. Any help to clarify this would be much appreciated.
Code below:

<div id="rightColB">
					<a href="<?php bloginfo('rss2_url'); ?>"><img src="<?php bloginfo('template_url'); ?>/images/side-subscribe.png" class="" alt="subscrive via RSS"/></a><br />
					<?php get_search_form(); ?>
					<img src="<?php bloginfo('template_url'); ?>/images/side-latest.png" class="sidetitle" alt="latest posts"/>
						<?php query_posts('showposts=10'); ?>
							<ul>
							  <?php while (have_posts()) : the_post(); ?>
							  <li><a href="<?php the_permalink() ?>"><?php the_title(); ?></a></li>
							  <?php endwhile;?>
							</ul>

					<img src="<?php bloginfo('template_url'); ?>/images/side-sites.png" class="sidetitle" alt="sites we like"/>
							<ul>
							<?php wp_list_bookmarks('title_li=&amp;categorize=0'); ?>
							</ul>
							<?php bloginfo('url'); ?>				

				<?php if( is_home() || is_page() ) { ?>

					<img src="<?php bloginfo('template_url'); ?>/images/side-flickr.png" class="sidetitle" alt="flickr photo stream"/>
					<div id="flickr">
					<script type="text/javascript" src="http://www.flickr.com/badge_code_v2.gne?count=6&amp;display=random&amp;size=s&amp;layout=y&amp;source=user&amp;user=36685787%40N04"></script>
					</div>	

				<?php } ?>

</div><!-- close RIGHTCOL-->