DaveLembke,
That is a correct answer. True.
However, the cost of finding a bad component-
is measured in hours, not minutes.One could assume if the OP did not now the answer to his question, then he had no idea of how much work is involved.
Wait... here is a super simple answer. Does the thing still boot from a CD? If so, make a CD to flash the BIOS and see if that fix the problem. If nit doesn't, just replace the motherboard.
The above if from another site in answer to the question:How can I repair my laptop motherboard?