There are File Splitter programs that can do this. But the method I always use is PKZIP from www.pkware.com . I believe the link is: http://www.pkware.com/downloads/pkzip250dosd.html .

Type:
pkzip -& zipfile c:\filename

You will be prompted for disk as they are needed. This will build the zip file then copy it. So you need at least as much disk disk space on your hard drive as the size of the file you are zipping.

This only works for a file or files in the same directory. You cannot combine this with the ability to copy a directory structure.
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Dennis
Politalk