The OP has mentioned that he/she needs to check the 4 characters in a line/record starting at the 265th column. 265th column will never be the 265th field for awk (in case of splitting on white-space(spaces and/or tabs)).
Thanks everyone. The original answer actually worked for my purposes. Now, is there any way to remove those lines from the file and put them in another file?
I was able to put them in another file, but i can't get them to be removed from the original.
Rule of thumb is, never edit your originals. One program bug and your input data has been irreversibly trashed. Use the original as a template to generate other things from; if it doesn't work the first time, nothing lost, edit your program and try again.