Hello, I have this same problem... exact same error.
I went to Control Panel -> System -> Advanced Tab -> Performance Settings -> Advanced Options Tab -> Virtual Memory *change button* -> From here I had C: drive selected and under "Paging file size" it says "Space Available: 98846MB" Then has "Custom size/ System managed size/ No paging file" options. I have "Custom size" select with the Initial size set at 1533 MB and the Maximum size set at 1533 MB.
Below this it says:
"Total pagin file size dor all drives
Minimum allowed: 2 MB
Recommended: 1533 MB
Currently Allocated: 1533 MB
My computer is a Dell, Pentium 4 processor, 3.0 ghz, 1 gig of ram, 128 graphics card, running Windows XP service pack 1
So as far as I can tell, I followed your instructions but am still getting the error everytime I try to start this older program. Is there anything you can tell me to help me?
Thanks so much,
Crislyn