You could run it on one of those old machines, just make sure the CPU is more than 500Mhz PIII class, RAM, minimum 256mb, 512mb better and you could add a PCI SATA card (pretty cheap these days) to use for storage, but knowing the crap cases that Compaq and HP use, room for hard drives is limited, the power supplies are junk and the motherboards from that time are really badly prone to having bad capacitors...
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