receive multiple application faults with K7ME

I am receiving sporadic application faults with applications such a
WinAmp, AOL IM, and Windows Explorer on my K7ME based computer.

Example

Faulting application winamp.exe, version 5.1.1.117, faulting modul
winamp.exe, version 5.1.1.117, fault address 0x000047fc

In addition I cannot install Linux OS.

I have installed
1) the latest BIOS.
2 an AMD Sempron processor
3) XP Home with all update
4) One stick of RAM (512Meg
5) Basic CD driv
6) No video car

Any suggestions why these faults occur? Is the motherboar
incompatible with Linux (Fedora)

Thanks in advance for your help

Scott Lase