Blue Screen "session3_initialization_failed" error on Windows XP after loading

I was using my Acer netbook, then it rebooted and now I'm getting this blue screen when I try to get into Windows XP. It takes a lot of time to load and then this blue screen of death error comes.

I tried to get in under safe mode but no success.

Could be some virus or missing some file or hardware problem?


A critical windows system file may be corrupted or missing, a repair Install of XP would solve that issue.