I don't have any Access 95 format files to test this on, so I tested it on
Access 97 files. This will convert all MDB files in the folder 'Source',
creating the converted copies in the folder 'Target'. In my tests, this code
took quite some time to complete, and Access was slow to update the screen
display while the code was running, so be aware that Access may *appear* to
have hung while running this code. You might want to wait for a time when
you can let it run unattended, and/or divide your 150 files into smaller
batches. (Then again, perhaps my system is just having a bad day! :-) Good
luck.

Public Sub ConvertMDB()

   Dim strFile As String

   strFile = Dir("C:\Source\*.mdb")
   Do While strFile <> vbNullString
       Debug.Print strFile
       Application.ConvertAccessProject _
           "C:\Source\" & strFile, _
           "C:\Target\" & strFile, _
           acFileFormatAccess2002
       strFile = Dir()
   Loop
   Debug.Print "Finished"

End Sub