This box may be used to specify any number of additional characters or commands that will be sent to the host computer after the operating system login process completes. This is often useful for automatically launching the host application and then logging into it, assuming that this is not automatically done as a consequence of logging into the operating system. You may insert tilde characters in the sequence to force additional 250 millisecond delays. You may also use the ENTER key for multiple lines, as well as the ^? syntax for embedding control characters (where ? is a character in the range of A-Z or [, ], \, _, or ^).
Although it is always possible to just hit ENTER in the multi-line edit box that accepted the additional startup text, two advantages of the ^M approach are: a) it's visible, whereas a trailing CR is difficult to see; and b) it works with the Regedit import/export facility (which doesn't seem to support embedded CRLF characters).