Old xbox Error 16 Flashing red and green

[EricCamper]

I have a box we tried to chip a while ago and the chip was bad.....The box then gave us the ol FRAG and Call Microsoft Screen....I called them and told them I was having trouble chipping the xbox....They said someone would be right over!!!!!...hehe.. Just kiddin...ANYWAY....I have some more chips and I was going to try again......Everything powers up fine with the green xbox logo and then the screen and FRAG......DO I have a keeper? Do you guys think it is worth trying? Let me know your thoughts.. Thanx all

Eric