Can Anyone Tell How To Open This File

I recovered this file "CAF1.EXE" from a damaged floppy using Flopshow but I am unable to open it. It is a supposed to be a screen saver with pictures of air force squadron members that I got from a vet. I am unable to contact him for a replacement of these vintage pics. When I try to open it in win2k I get "The NTVDM CPU has encountered an illegal instruction. CS:0000 IP:0077 OP:f0 37 05 0c 02" and the option to close or ignore. Choosing ignore does nothing. Can you please tell me how I can view this file? I tried to attach it but the system will not allow it. Thanks very much.

Not sure if this will help your situation, but MS has an article about that error here.