Windows XP is certainly memory-hungry. 256 is the minimum I'd suggest, and 512 is a good figure to aim for.
Have you installed XP as an 'upgrade', keeping your existing programs and data in place?
If so, consider backing up your data, downloading up to date drivers for your components and installing Windows XP as a fresh, clean install. Upgrading over the top of an old Win98 install is problemmatic, with any 'hidden' problens of the old installation being magnified, and with potential problems of driver conflicts.
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Grandad
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since Mar 2004