Thanks for the suggestion, but changing the java heap in cwide.ini made no difference.
Windows 7 PC. Kinetis K26 chip Below is a screen shot and below that the contents of .log

!SESSION 2016-09-18 05:56:50.359 -----------------------------------------------
eclipse.buildId=I20070613-1755
java.version=1.6.0_15
java.vendor=Sun Microsystems Inc.
BootLoader constants: OS=win32, ARCH=x86, WS=win32, NL=en
Command-line arguments: -os win32 -ws win32 -arch x86
!ENTRY org.eclipse.osgi 2 1 2016-09-18 05:57:45.385
!MESSAGE NLS missing message: ContentTypes_errorDialogAlreadyExists in: org.eclipse.ui.internal.messages
!ENTRY com.freescale.processorexpert.core 1 0 2016-09-18 05:57:49.184
!MESSAGE Plugin com.freescale.processorexpert.core.service ProcessorExpertServiceProvider
!ENTRY org.eclipse.osgi 2 0 2016-09-18 05:57:58.372
!MESSAGE While loading class "com.freescale.sa.analysispoints.AnalysispointManager$AnalysispointManagerVisitor", thread "Thread[Worker-1,5,main]" timed out waiting (5003ms) for thread "Thread[Worker-2,5,main]" to finish starting bundle "com.freescale.sa.analysispoints_2.0.0.144301-201410211703 [424]". To avoid deadlock, thread "Thread[Worker-1,5,main]" is proceeding but "com.freescale.sa.analysispoints.AnalysispointManager$AnalysispointManagerVisitor" may not be fully initialized.
!STACK 0
org.osgi.framework.BundleException: State change in progress for bundle "reference:file:plugins/com.freescale.sa.analysispoints_2.0.0.144301-201410211703/" by thread "Worker-2".
at org.eclipse.osgi.framework.internal.core.AbstractBundle.beginStateChange(AbstractBundle.java:1088)
at org.eclipse.osgi.framework.internal.core.AbstractBundle.start(AbstractBundle.java:298)
at org.eclipse.osgi.framework.util.SecureAction.start(SecureAction.java:440)
at org.eclipse.osgi.internal.loader.BundleLoader.setLazyTrigger(BundleLoader.java:263)
at org.eclipse.core.runtime.internal.adaptor.EclipseLazyStarter.postFindLocalClass(EclipseLazyStarter.java:107)
at org.eclipse.osgi.baseadaptor.loader.ClasspathManager.findLocalClass(ClasspathManager.java:469)
at org.eclipse.osgi.internal.baseadaptor.DefaultClassLoader.findLocalClass(DefaultClassLoader.java:216)
at org.eclipse.osgi.internal.loader.BundleLoader.findLocalClass(BundleLoader.java:395)
at org.eclipse.osgi.internal.loader.BundleLoader.findClassInternal(BundleLoader.java:464)
at org.eclipse.osgi.internal.loader.BundleLoader.findClass(BundleLoader.java:421)
at org.eclipse.osgi.internal.loader.BundleLoader.findClass(BundleLoader.java:412)
at org.eclipse.osgi.internal.baseadaptor.DefaultClassLoader.loadClass(DefaultClassLoader.java:107)
at java.lang.ClassLoader.loadClass(Unknown Source)
at com.freescale.sa.analysispoints.AnalysispointManager.resourceChanged(AnalysispointManager.java:657)
at org.eclipse.core.internal.events.NotificationManager$1.run(NotificationManager.java:291)
at org.eclipse.core.runtime.SafeRunner.run(SafeRunner.java:42)
at org.eclipse.core.internal.events.NotificationManager.notify(NotificationManager.java:285)
at org.eclipse.core.internal.events.NotificationManager.broadcastChanges(NotificationManager.java:149)
at org.eclipse.core.internal.resources.Workspace.broadcastBuildEvent(Workspace.java:387)
at org.eclipse.core.internal.events.AutoBuildJob.doBuild(AutoBuildJob.java:146)
at org.eclipse.core.internal.events.AutoBuildJob.run(AutoBuildJob.java:241)
at org.eclipse.core.internal.jobs.Worker.run(Worker.java:53)
Caused by: org.eclipse.osgi.framework.internal.core.AbstractBundle$BundleStatusException
... 22 more
Root exception:
org.eclipse.osgi.framework.internal.core.AbstractBundle$BundleStatusException
at org.eclipse.osgi.framework.internal.core.AbstractBundle.beginStateChange(AbstractBundle.java:1088)
at org.eclipse.osgi.framework.internal.core.AbstractBundle.start(AbstractBundle.java:298)
at org.eclipse.osgi.framework.util.SecureAction.start(SecureAction.java:440)
at org.eclipse.osgi.internal.loader.BundleLoader.setLazyTrigger(BundleLoader.java:263)
at org.eclipse.core.runtime.internal.adaptor.EclipseLazyStarter.postFindLocalClass(EclipseLazyStarter.java:107)
at org.eclipse.osgi.baseadaptor.loader.ClasspathManager.findLocalClass(ClasspathManager.java:469)
at org.eclipse.osgi.internal.baseadaptor.DefaultClassLoader.findLocalClass(DefaultClassLoader.java:216)
at org.eclipse.osgi.internal.loader.BundleLoader.findLocalClass(BundleLoader.java:395)
at org.eclipse.osgi.internal.loader.BundleLoader.findClassInternal(BundleLoader.java:464)
at org.eclipse.osgi.internal.loader.BundleLoader.findClass(BundleLoader.java:421)
at org.eclipse.osgi.internal.loader.BundleLoader.findClass(BundleLoader.java:412)
at org.eclipse.osgi.internal.baseadaptor.DefaultClassLoader.loadClass(DefaultClassLoader.java:107)
at java.lang.ClassLoader.loadClass(Unknown Source)
at com.freescale.sa.analysispoints.AnalysispointManager.resourceChanged(AnalysispointManager.java:657)
at org.eclipse.core.internal.events.NotificationManager$1.run(NotificationManager.java:291)
at org.eclipse.core.runtime.SafeRunner.run(SafeRunner.java:42)
at org.eclipse.core.internal.events.NotificationManager.notify(NotificationManager.java:285)
at org.eclipse.core.internal.events.NotificationManager.broadcastChanges(NotificationManager.java:149)
at org.eclipse.core.internal.resources.Workspace.broadcastBuildEvent(Workspace.java:387)
at org.eclipse.core.internal.events.AutoBuildJob.doBuild(AutoBuildJob.java:146)
at org.eclipse.core.internal.events.AutoBuildJob.run(AutoBuildJob.java:241)
at org.eclipse.core.internal.jobs.Worker.run(Worker.java:53)
!ENTRY com.freescale.core.ide.cdt.toolchain 4 0 2016-09-18 05:57:58.395
!MESSAGE Environment Variable Dependency not resolved for 'ARMGNUDirEnv'.
!ENTRY com.freescale.core.ide.cdt.toolchain 4 0 2016-09-18 05:57:58.399
!MESSAGE Environment Variable Dependency not resolved for 'ARMSummonDirEnv'.
!ENTRY com.freescale.core.ide.cdt.toolchain 4 0 2016-09-18 05:57:58.403
!MESSAGE Environment Variable Dependency not resolved for 'ARMYagartoDirEnv'.
!ENTRY com.freescale.core.ide.cdt.toolchain 4 0 2016-09-18 05:57:58.406
!MESSAGE Environment Variable Dependency not resolved for 'ARMdevkitProDirEnv'.
!ENTRY com.freescale.core.ide.wizard.ui 2 0 2016-09-18 05:57:59.272
!MESSAGE External elements location 'C:\Freescale\CW MCU v10.6.4\eclipse\../MCU/lib/wizard_data/mqx/4.0/cf' does not exist
!ENTRY com.freescale.core.ide.wizard.ui 2 0 2016-09-18 05:57:59.275
!MESSAGE External elements location 'C:\Freescale\CW MCU v10.6.4\eclipse\../MCU/lib/wizard_data/mqx/4.0/ppc' does not exist
!ENTRY com.freescale.core.ide.wizard.ui 2 0 2016-09-18 05:57:59.279
!MESSAGE External elements location 'C:\Freescale\CW MCU v10.6.4\eclipse\../MCU/lib/wizard_data/mqx/4.0/patches' does not exist
!ENTRY com.freescale.core.ide.wizard.ui 2 0 2016-09-18 05:57:59.505
!MESSAGE External elements location 'C:\Freescale\CW MCU v10.6.4\eclipse\../MCU/lib/wizard_data/mqx/4.1/cf' does not exist
!ENTRY com.freescale.core.ide.wizard.ui 2 0 2016-09-18 05:57:59.510
!MESSAGE External elements location 'C:\Freescale\CW MCU v10.6.4\eclipse\../MCU/lib/wizard_data/mqx/4.1/ppc' does not exist
!ENTRY com.freescale.core.ide.wizard.ui 2 0 2016-09-18 05:57:59.513
!MESSAGE External elements location 'C:\Freescale\CW MCU v10.6.4\eclipse\../MCU/lib/wizard_data/mqx/4.1/patches' does not exist
!ENTRY org.eclipse.cdt.core 1 0 2016-09-18 05:58:51.880
!MESSAGE Indexed 'NC_sixboot' (2 sources, 18 headers) in 0.61 sec: 168 declarations; 478 references; 1 unresolved inclusions; 0 syntax errors; 4 unresolved names (0.62%)
!ENTRY org.eclipse.osgi 2 1 2016-09-18 05:59:07.617
!MESSAGE NLS missing message: BuildStepsTab_BehaviourTab in: org.eclipse.cdt.managedbuilder.internal.ui.Messages
!ENTRY org.eclipse.osgi 2 1 2016-09-18 05:59:07.619
!MESSAGE NLS missing message: ToolChainEditTab_18 in: org.eclipse.cdt.managedbuilder.internal.ui.Messages