Huh?
There were no segmented x86 machines capable of addressing 256MB of RAM, aside from the 386 (maybe).
If you had a 386 and the $130K of memory your statement implies, you probably also could afford a Unix (or something else) license to get to that 32-bit address space. (If you weren't doing it all in memory, then you're having to depending on paging stuff out to disk, implying you either have a real OS or a flat memory model isn't enough to save you since you're manually having to page stuff to disk and back anyway.)
That's a super strange scenario you're describing.