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360C problem



Help!

I've been reading quietly for weeks, now it's time to ask a question. I
have a Thinkpad 360C that doesn't work. If I plug it in, the battery
charge light will come on, but nothing happens when I turn on the
computer. If I remove the floppy drive and the hard drive, then the
light panel blinks, three of the lights on the right side blink again,
and the rightmost light stays on along with the charging lights.

Does anyone have any ideas what is wrong? Any suggestions on how to fix
it or get it fixed for, say, under $200? How much is it worth in working
condition anyway? It has a 340 MB hard drive and a 16 MB memory card.