This is actually a very useful procedure if you fry your OS. Mine happened during a standard upgrade procedure and if I hadn't found this fix I would have had to send it to Dell for repairs. My Axim was completely locked and would not boot at all. Check your cd for a .img file, there will probably be 2 of them. If you don't have them, the following download should (I am not affiliated with the sites below, I only found them in my research on my fix):
http://www.cdaschools.org/tech_staff...les/R64365.EXE
Here is detailed instructions on the process from Tom61 site:
http://tom61.arcadecontrols.com/axim_bootloader.html