Windows Xp Stuck At Welcome Screen?

Windows XP will not load…
I have tried:
-booting in safe mode (it boots as safe mode, but won’t go past Welcome screen)
-safe mode and and then last known working start up (nothing)
-tried putting in the Windows XP install disk and run REPAIR, however I do not know the admin password
I do have the orginial 6-disc recovery software, is this my best option? and will it ask for an admin password?
just re-install EVERYTHING?

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