Microsoft Knowledge base Q191874 had the answer.

Error Message: VMM32.VXD: Missing/Unable to Load
The information in this article applies to:

* Microsoft Windows Millennium Edition
* Microsoft Windows 98 Second Edition
* Microsoft Windows 98
* Microsoft Windows 95

If this article does not describe your hardware-related issue, please see the following Microsoft Web site to view more articles about hardware:

http://support.microsoft.com/support...hwddresctr.asp

SYMPTOMS
When you start Windows, you may receive the following error message:
VMM32.VXD: Missing/Unable to Load. Press any key to continue.
Pressing any key causes the "Shutdown" screen to appear.
CAUSE
This behavior can occur for either of the following reasons:

* This behavior can occur if the Umaxis11.386 file is being loaded from the System.ini file. This file is used by UMAX scanner software.
* This behavior can be caused by a file that is used by the Genius scanner software. The Genius scanner file is named Smis11.386.

RESOLUTION
UMAX Scanner Software
To resolve this issue, contact UMAX to inquire about the availability of a fix for this issue. There is a patch to correct this problem available on the UMAX Web site at:

http://www.umax.com/support/knowledg...m?docs=SC00049

The third-party contact information included in this article is provided to help you find the technical support you need. This contact information is subject to change without notice. Microsoft in no way guarantees the accuracy of this third-party contact information.

To work around this issue, follow these steps:

1. Restart your computer with a Windows Startup disk.
2. Type the following lines, pressing ENTER after each line:
c:
cd windows
3. edit system.iniPress ALT+S, and then press F.
4. Type umaxis11.386, and then press ENTER.
5. Disable the line containing "Umaxis11.386" by placing a semicolon ( at the beginning of the line.
6. Press ALT+F, press X, and then press Y.
7. Remove the Windows Startup disk, and then restart your computer.

Genius Scanner Software
To resolve this issue, contact Genius to inquire about the availability of a fix. For updated Genius scanner software, visit the Genius Web site:

http://www.genius-kye.com/

The third-party contact information included in this article is provided to help you find the technical support you need. This contact information is subject to change without notice. Microsoft in no way guarantees the accuracy of this third-party contact information.
MORE INFORMATION
The third-party products discussed in this article are manufactured by vendors independent of Microsoft; we make no warranty, implied or otherwise, regarding these products' performance or reliability.