Reboot and select proper boot device or insert boot media in selected

It sounds like the hard drive may have failed, in which case you will have to replace it with a new one. To confirm hard drive failure you can test it with diagnostic software that loads from a bootable CD. The links are here: http://www.tacktech.com/display.cfm?ttid=287

You can make the CD from the downloaded ISO file with IMGBURN: http://www.filehippo.com/download_imgburn/

When you've made the CD, boot your faulty PC from it to test the hard drive.