I know what OEM is.. I was wondering what YOU meant by it.
Where did you get the disk from?
Not relevant, as the ChrisG clarified what he meant by an OEM disc.
They can be bought from local computer stores, Newegg, Micro Center, Fry's, etc.
In any case, there could be a number of possibilities:
1) Bad disc.
2) Bad optical drive (unlikely, as other discs work, and genuine Vista and 7 discs are DVDs)
3) Bad SATA drivers (i.e.: if your motherboard's SATA mode is AHCI, and 7's drivers may be giving you grief--try loading the manufacturer's drivers from a thumb drive during install...or just switch SATA to legacy mode if you want to do that...)
4) As EEVIAC said, memory compatibility. You may want to flash the BIOS to address this one.
5) Bad RAM altogether. Download Memtest86+ (Google it), burn the ISO to a CD, and boot from the resulting CD.