barely, with 1-2 divisions running and minimal database size maybe, if you already have one then try it and see, if you are thinking of buying one i'd suggest getting an 11.6 inch laptop with a decent processor (something like this... ACER Aspire V5-171 11.6" Laptop - Silver Deals | Pcworld)
It will maybe work... I tried on a netbook for fm11 and it wouldn't work due to the size of the screen, dno if its still the same or if its changed but just a thought