I built a Minix 2.0.4 virtual machine with no difficulty somewhat more
than a year ago.
Start here: http://minix1.woodhull.com/hints.html#emul-virt -- there
are
links to several articles about Minix and VMWare, as well as the
complete download package for the virtual machine.
This doesn't answer the question of why you are having difficulty
doing
the install yourself on VMWare server. I originally made my package
using VMWare Workstation version 1.0.1 and I haven't worked with
any newer versions of VMWare except for the free VMWare player.
- Al