Hello - presumably the 2.2 refers to the kernel series. If so then it is somewhat out of date. It is possible that the installation program has not correctly identified your hardware, and is installing a version of the kernel with drivers that can't actually manage your hardware. One reason for that might be that your host computer is relatively recent, and so has hardware that was not available when that old linux distribution was released.
It sounds a little like your machine has actually started the kernel, but has ground to a halt sometime whilst trying to run the start-up scripts. If that is the case you may be able to get around the problem by running scripts selectively, and not executing the one that does not finish. Usually there is some key combination to press to get selective start up execution, and sometimes this is described in the output just before they are started.
Anyway, to be more sure about this it might help if you could provide a lot more information about the output that you see on the screen (assuming that you can indeed see something) preceeding the lock-up. To do diagnostics the chances of success increase significantly with the amount of information provided, especially when that amount is small (as it currently is).
Another possibility is that there may be an emergency boot program on the CD, which would allow you to boot from CD rather than hard drive. If that works then the problem is probably not a kernel problem per se. If it doesn't work then it suggests that the distribution does not have a suitable kernel for your machine, in which case you are probably wasting your time trying to install it.
A more gratifying approach might be to try downloading a recent 2.6 series kernel distribution, transferring that to CDs, then using it to get your machine running. Its more likely to succeed, and be up to date, but not quite as educational as going down the track you are currently trying.