Hi there: I was going through the posts under 'dead computer' trying to find and thank the genius who pointed me in the right direction with this very problem: my computer was running normally (3 months-old mobo, CPU - the latest gizmos-, and video card) and then it suddenly went 'phut'.
When restarted it appeared about to start up, then powered off, and subsequently cycled through this ad nauseam without ever even getting to start the POST screen. I read in other posts with growing horror the PSU (also 3 months old), CPU and mobo swap-out/buy new ones options, and I removed and firmly replaced the RAM cards, the video card and the CPU ..... no joy.
I had 4 x 1 Gb DDR II RAM cards, and I had taken out the newer pair, but not replaced them because they were hard to get in because of wiring and video card (and shoogly hands!). I then happened to read in reply to another poor soul's post with the same problem a very short but sweet suggestion: short-out and reset the CMOS.
I removed the CMOS battery, and for good measure shorted the 'clear CMOS' jumpers, put the battery back in after a few minutes, reconnected the power cable, and pressed the 'go' button .... and the computer started!! The POST went through its bits and pieces successfully, and the Widows XP welcome screen never seemed so bright and colourful!
Well, I powered down, and powered up again, holding breath all the while, and it worked perfcetly. So I thought, having removed the side panels anyway, I might as well reinstall the other 2 RAM cards. Did so, and got exactly the same nasty 'dead computer' symptoms as before .... hurriedly took the offending memory cards out, but still got the same 'dead computer' problem. So I cleared and reset CMOS again, and all was once well OK!
So be of good cheer! The memory is another possible source for this nasty problem in addition to all the other much more expensive bits and pieces admirably covered in the posts under this and similar thread, but also be aware that reolacing the errant card seemed to bugger (a nice technical term) up the CMOS when I reinstalled the faulty card/s, so that CMOS nnneded to be cleared an reset even with the 'good' memory installed.
So, to the the poster who saved me having to trek some 200 km into Tokyo for a CPU, PSU and mobo that I did not need, MANY THANKS!! I owe you several glasses of sake.