Could it be my video driver? When I turn down my resolution all the way and change color from 32 to 16 bit the performance improves to about 80% fps instead of the 50%. I'll try that and report back.
UPDATE: I deleted my driver and used a windows VGA driver...set my resolution to 640x480 and color to 16 bit and the games seem to work fine now. I will test multiple, but I think that fixed it.
UPDATE2: Well Pacman and frogger work, but games like NBA Jam don't. I found out I have a 32 MB ati video card. The lower I set the resolution the higher the fps, but only to a point. Then they don't work anymore. Is it my video card??? I am trying to install an older version of mame32fx (i want high scores

) to see if that works. Thanks.
UPDATE3: I have solved the problem. I went into Mame32fx and changed it from Direct3d to Directdraw. While I can't see the lettering on the inserted screens (like ok to play or video emulation isn't perfect or screens brought up by tab) perfectly, I can see it and the games all work now!!! This is awesome. Thank you to everybody for their help.