Blue screen when installing Microsoft Server Standard 2003 x64 on Dell Precision T7400

I have been running win xp 32bit on a Dell 64bit Xeon Precision T7400 (the C drive is Seagate Cheetah® 15K.5 SAS 3Gb/s 73-GB Hard Drive - ST373455SS) for several months, recently been having problems with corrupt indexes when run a chkdsk on the C: drive - the disk appears fine when I do a chkdsk at boot, but if I run chkdsk from win XP, the problems resurface. Incidentally, have been having continual problems with USB devices - also causing a blue screen, which I assume is due to running 32 bit OS on a 64 bit system? I thought that these issues could be solved by installing 64 bit version of Win 2003 server, as well as enabling full access to the 4gb ram that is installed.

So, I formatted the Seagate C drive using Acronis disk director, which seems to have worked as when rebooted, got a message NTLDR cannot be found. Then tried to install Windows Server 2003 x-64 from the installation disk, but received a blue screen message - as follows:

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A problem has been detected and windows has been shut down....etc.......etc........restart your computer.

Technical Information:
***STOP: 0X0000007B (0XFFFFFADF904323C0, 0XFFFFFFFFC00, 0X0000000000000000, 0X0000000000000000***
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I have been able to fully restore the XP 32 bit using Acronis True Image, booting from the Acronis Boot disk, so the system is up and running again, but I would like to ultimately install server 2003 - but cannot get past this blue screen, which has repeated 3 times now.

The original installed software was vista 64 bit business edition - which I removed due to incompatibility with some of the software that I am using.