Ntldr missing

I bought a laptop from a friend and it was running really slow. So I got a windows xp cd and tried to reformat and completely clean it. When I restarted it, it now says ntldr is missing. I have no clue what to do but the windows xp cd is an upgrade cd, so I thought that would be the problem so I tried to find another os cd but all they sell are windows 7. So I got that but it starts loading then says a driver is corrupted. I don't know what else to do.
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More about ntldr missing
  1. It's called borrowing. Get any Retail version OS produced from Microsoft that was sold on a CD at or below the XP level and use it to authenticate an upgrade install is being done.

    Win 95, 98, NT 3.xx, NT4.xx, XP (Home or Pro).

    (Notice Windows ME is not listed as upgradeable but you are welcome to try)

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