Thanks everyone,

It turns out that the 8 beeps on the Phoenix Bios did indicate a bad graphics card.  I replaced the cards and the machine is running just fine.  Thanks Fran for those sites,  I know they'll come in handy in the future.  For anyone interested here they go.

IBM and AMI and Phoenix
http://www.spurdens.freeserve.co.uk/pc/postbeeps.htm

Award - Also includes screen error messages
http://www.phoenix.com/pcuser/awardbios/award_error_codes.html

         PCBUILD maintains hundreds of useful files for download
                     visit our download web page at:
                  http://freepctech.com/downloads.shtml