Help: Disk Read error - stuck in a loop

No, I have tried every option that I have been given and I still get the same error message when I try to launch Parallels. Should I uninstall and re-install parallels and windows
 
Same issue

I have the same issue with the disc read error. I am running Paralells 5.0 and windows XP. I have re-installed parallels but still have the same issue. Please help
 
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