The part of the screen where the splash screen of the internet explorer should be displayed freezes, but the debug messages keep scrolling for some time. That is why I send the whole output.
I used the command line
wine -dll=ole2,ole2conv,ole2disp,ole2nls,ole32,oleaut32,olecli,olecli32,olecnv32,oledlg,olepro32,olesvr,olesvr32,olethk32,compobj,rpcrt4,shell,shell32,shfolder,shdocvw,commdlg,comdlg32,commctrl,comctl32,urlmon,SHLWAPI=n .wine/fake_windows/Program\ Files/Internet\ Explorer/IEXPLORE.EXE --debugmsg +relay,+x11