Virtualized Server OS on Windows XP, Limitations?

Since XP Pro has a limit of 10 concurrent connections, I was wondering if a guest VMWare Server 2000 operating system would have the same limitations? (since it’s “going through” Windows XP?) Will it work different with Bridged vs NAT?

The reason for my question, I am running Symantec Endpoint Manager on a Windows XP desktop. Once I added more than 10 clients I started running into issues (some clients connecting, some not… database not accessible, etc.)

Any comments or suggestions appreciated. Thanks.