Is it possible to run live-cd or at least install as text mode in a k6-2 300mhz with 196mb Ram ??

i tryed to run it but it doesn't go after the boot screen. When it tries to load ramdisk it just reboots it self.
How can i do ??
I want to use this hw to run 1 camera with a pico 2000 clone card (bttv 77 i think) and it should be fine if i get up to 7 fpms.
Taz