Virtual memory minimum too low

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Good morning.

I'd be grateful for some help....

I use a Pentium 2 procesor, with a total of 20gbs of memory for storage.

I had various things open on my computer today (2 or 3 internet sites open,
Photoshop Elements 2, and maybe Outlook Express as well?) A message came up
sayding 'virtual memory minimum too low', and the computer said it would take
time to sort this out, & whilst doing so, some things might not be accessible
etc.... I just closed down all the open stuff.

I have quite a lot of memory 'working' memory allocated to Photoshop.
Should I not leave this programe open when doing other things?

How serious is it when this message comes up?

This must be a very basic question - I did try and search here but couldn't
find info - & I'd be very grateful for some enlightenment!

Thanks.
Canna.
.

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