Could be bad hardware (memory, etc.)
"STOP 0x0000008e" error message during Windows XP setup
http://support.microsoft.com/kb/315335
If you had everything installed...
You receive a random "0x0000008E" error message on a blue screen in Windows
XP
http://support.microsoft.com/kb/827663
You may receive an error message on a Windows-based computer: "STOP
0x00000050" or "STOP 0x0000008e"
http://support.microsoft.com/kb/903251
Overall - I would go with the hardware issues. Remove everything from your
computer (external and insternal) other than the necessary (since you are
doing a fresh install.) You need a CD drive, video card, processor/memory
and the mainboard to host it all. Keyboard and mouse connected to input
things during the installation and the monitor to see it all. Have nothing
else plugged in if you can help it. No external USB devices of any type
(other than already listed.) If you have more than one stick of memory and
they are not required to be in pairs - remove one (if your system requires
memory in pairs - swap them.)
Try your install.
If it fails, swap the single stick with the other stick if you only had one
stick of RAM.
Come back - let us know.