Blue Screen - System Error: 102 - Event ID: 1003

History:

Running XP SP3
DELL Inspiron E1705 Laptop
Ran complete Dell Diagnostics 3x and no problems
Ran Memtest with many passes - no problems

Problem started a couple of weeks ago, computer would crash (blue screen) upon resuming Windows. This happens 100% of the time when resuming Windows from system "Stand By "

I did a fresh install of XP from the Dell disc. Did all the Windows Updates, downloaded drivers, antivirus software, etc.

Problem persists on fresh install.

This is the Event Log Output:

Event Type: Error
Event Source: System Error
Event Category: (102)
Event ID: 1003
Date: 1/20/2010
Time: 7:56:55 PM
User: N/A
Computer: JETPACK-AF119F6
Description:
Error code 0000007f, parameter1 00000000, parameter2 00000000, parameter3 00000000, parameter4 00000000.

For more information, see Help and Support Center at http://go.microsoft.com/fwlink/events.asp.
Data:
0000: 74737953 45206d65 726f7272 72452020
0010: 20726f72 65646f63 30303020 37303030
0020: 50202066 6d617261 72657465 30302073
0030: 30303030 202c3030 30303030 30303030
0040: 3030202c 30303030 202c3030 30303030
0050: 30303030


Also Manifest.txt created by the windows error reporting service:

Server=watson.microsoft.com
UI LCID=1033
Flags=1696080
Brand=WINDOWS
TitleName=Microsoft Windows
DigPidRegPath=HKLM\Software\Microsoft\Windows NT\CurrentVersion\DigitalProductId
ErrorText=A log of this error has been created.
HeaderText=The system has recovered from a serious error.
Stage2URL=
Stage2URL=/dw/bluetwo.asp?BCCode=7f&BCP1=00000000&BCP2=00000000&BCP3=00000000&BCP4=00000000&OSVer=5_1_2600&SP=3_0&Product=768_1
DataFiles=C:\DOCUME~1\HOME\LOCALS~1\Temp\WER8312.dir00\Mini012010-02.dmp|C:\DOCUME~1\HOME\LOCALS~1\Temp\WER8312.dir00\sysdata.xml
ErrorSubPath=blue
DirectoryDelete=C:\DOCUME~1\HOME\LOCALS~1\Temp\WER8312.dir00

Lastly I do have an XML file it created to with alot of my system info.

I am completely at a loss, I am figuring it is hardware related, but the diagnostics utilities are not helping.

Any thoughts?

Thanks!