hm....nothing in the drive? and isnt selected as a start up item? (you dont have windows installed on your machine by chance?)
try a SMC reset (unplug all cables to the computer; mouse keyboard monitor firewire/usb etc) for a few minutes then plug back in and then do a PRAM reset
COMMAND OPTION P R all at the same time right before the apple/grey screen appears. then it will reboot and chime again.