Verrry slooowww when PATH is set to 60 directories

Mon Mar 6 11:51:00 GMT 2000

I am getting extremely slow execution of make.exe when I set my
PATH inside the Makefile to about 4000 characters long (total of 60 different directories)
inside a Cygwin v1.0 window on WinNT 4.0.
Instead of the make completing in 10 seconds, it takes 8+ minutes.
Task manager shows that the PC is mostly idle with no huge memory
consumption from any one process.
Any resources I can bump up?
I have 128MB on the PC and Task Manger only shows 83MB being used
and only 1% of CPU being utilized.
Ideas?
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