ripsaw8080, sorry but my asm and IBM PC architecture knowledge is very limited. This is exactly what DosBox executes (I have deleted the registers and flags values from these log lines):
...
01C2:00002B70  mov  ds,ax
01C2:00002B72  mov  ax,1605
01C2:00002B75  int  2F
01C2:0000122C  pushf
01C2:0000122D  test byte cs:[0FC0],03          cs:[0FC0]=3001
01C2:00001233  jne  00001243 ($+e)             (down)   
01C2:00001243  popf 
01C2:00001244  jmp  far word cs:[0C3F]         cs:[0C3F]=15C0
F000:000015C0  callback 002E  (DOS Int 2f) 
F000:000015C4  iret 
01C2:00002B77  mov  cs:[2B5B],si               cs:[2B5B]=0000
01C2:00002B7C  mov  cs:[2B5D],ds               cs:[2B5D]=0000
01C2:00002B81  pop  es   
01C2:00002B82  pop  ds   
01C2:00002B83  ret  
01C2:00002AB8  call 00002B84 ($+c9)   
01C2:00002B84  cli  
01C2:00002B85  push ds   
01C2:00002B86  push es   
01C2:00002B87  xor  ax,ax
01C2:00002B89  call far word cs:[2B5B]         cs:[2B5B]=0000
0000:00000000  pusha
0000:00000001  adc  [bx+si],al                 ds:[0000]=0000
0000:00000003  lock or [bx+si],al              ds:[0000]=0000
0000:00000004  or   [bx+si],al                 ds:[0000]=0000
0000:00000006  jo   00000008 ($+0)             (no jmp) 
0000:00000008  or   [bx+si],al                 ds:[0000]=0000
0000:0000000A  jo   0000000C ($+0)             (no jmp) 
0000:0000000C  or   [bx+si],al                 ds:[0000]=0000
0000:0000000E  jo   00000010 ($+0)             (no jmp) 
0000:00000010  or   [bx+si],al                 ds:[0000]=0000
0000:00000012  jo   00000014 ($+0)             (no jmp) 
0000:00000014  pusha
0000:00000015  adc  [bx+si],al                 ds:[0000]=0000
0000:00000017  lock pusha
0000:00000018  pusha
0000:00000019  adc  [bx+si],al                 ds:[0000]=0000
0000:0000001B  lock pusha
0000:0000001C  pusha
0000:0000001D  adc  [bx+si],al                 ds:[0000]=0000
0000:0000001F  lock movsw
0000:00000020  movsw
0000:00000021  inc  byte [bx+si]               ds:[0002]=0000
0000:00000023  lock arpl [bp+di],bx            ss:[0311]=152A
0000:00000024  arpl [bp+di],bx                 ss:[0311]=152A
F000:00001060  callback 0003  (default)
F000:00001064  iret
And the last three lines repeat in a loop... Can you tell me something? Thanks a lot