The v2000 I know of had an over 127GB HDD and you are trying to install XP PRO onto it. XP PRO fails like you said!
Try this. Use the restore media to install Windows on this laptop.
This is after checking the HARD disk in BIOS 100%, installed with same CD, XP PRO THROUGH ANOTHER LAPTOP, SO DISK CHECKS FINE, BUT WHEN I TRY TO INSTALL THROUGH THE COMPAC V2000 LAPTOP WHICH CAME WITH XP HOME I WILL GET INSTALLATION STARTED FROM CD, THEN AT THE WINDOWS STARTUP WINDOW JUST BEFORE YOU SELECT THE HARD DISK TO INSTALL ON IT HANGS ON THAT WINDOW???
I HAVE RESET BIOS TO DEFAULT AND CHECKED THE VERSION IT IS OLD BUT ALL THEY HAVE ON THE SITE IS THE FLASH UTILITY SO CAN'T FLASH, DO YOU THINK IT HAS SOMETHING TO DO WITH BIOS OR CMOS, HAVENT BENN ABLE TO GET INTO CMOS YET AND WOULD LIKE TO FLASH THE BIOS ANY IDEAS