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If that is all your budget allows you might as well not bother . . . you need more RAM, you probably need more CPU but you haven't said what the MT4 installations will be doing so it's impossible to get a good idea of the CPU loading. Even if its just a low intensity EA with a few Indicators if they are pulling more than 1% of CPU you will be in trouble..
RaptorUK,
At the moment, I am not running any EAs. I just want to know if Windows7 can handle 100 MT4 terminals. Does anyone know how metaquotes, run the trading competition? What is their set up?