Word hangs frequently after upgrade to Parallels 6

My semi-ancient setup of XP Pro and Office 2002 worked just fine under Parallels 5.

After upgrading to Parallels 6, most still works, but Word have these frequent hangs several times a minute, for several seconds at a time, even while not editing or doing anything.

Each time, this bunch of icons appear and nothing works before they are gone after a few seconds:


Any clues? I've tried repairing the installation and deleting normal.dot.
 
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