My Dell Inspiron 1501 won't start windows?

Hi - I have a dell INSPIRON 1501. Yesturday, my computer started and my Internet Explorer open about 64 times, literally. So, I turned it off manually by holding down the power on. I went to go start it again, and my computer will not open windows. Instead, it starts with the normal DELL Lingo -(not the blue bar saying www.dell.com)- and goes to choices, (1) Launch Startup Repair or (2) Start Windows normally. I cannot start windows normally, because it will go black, reset and do the same thing over. And when I hit "Launch Startup Repair", it goes to a blue screen, witch says "STOP: c000021a {Fatal System error}. The initial session process or system process terminated unexpectedly with a status of 0x00000000 (0xc0000221 0x0010037c). The system has been shut down " <--thats what my laptop says. Its the "Blue Screen Of Death". I've done DIAGNOSTICS, and nothing is solving anything. There is no safe mode anymore, now there is only Hard Drive - USB Storage - CD-ROM Drive - Removable Devices - Broadcome PXE - or Diagnostics - <- No safemode. I also tried to reset my whole laptop, buy hitting CTRL F11 - but there is no more screen where it has the website in blue on top. Is there anything I can do now, or is my dell 1501 fried and not usable?? Please, HELP!