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Convert Old computer to a server running 2003 or 2008 Windows server

Last Modified: 2013-12-05
I would like to take an old computer great running condition
wipe drive and only run windows server 2003 or 2008 and a medical billing program

Will it be fast enough and hearty enough to do this . 5 computers would be accessing its data for medical billing program

The computer chip  is a 3.33 gigahertz intel Celeron D
16 kilobyte cache
512 secondary cache  
Bus clock 133 megahertz
Bios American Trends Inc. 5.04 from 11/30/2006
memory 1408 ram
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