NTLDR missing when trying to install XP

I tried to do it from the XP CD but it wouldn't let me delete the FAT32 partition to install the NTFS partition. So I "slaved" the drive and formatted it with NTSF.

Now when I start the orig computer I get the above message.

How do I get past it to install XP?

The BIOS is set to boot from the CD first.