What does this mean???

As stated in my previous posts I have aquired a '98 gt that some idiot tried tofix but screwed up on. I started by reassembling the steering column that they disassembled, then I replaced the electronic ignition switch, and also had the starter checked out to see if that was the problem. NOW on to what I have found and what does it mean and how do I reset it....... When ever I try to start the car, all I hear is a small click like a silinoid switch trying to engage, and I see the theft light start blinking kinda quickly. Whatr does that mean and how do I fix it? Please I ned to get this car running as I have had it since memorial day and have yet to hear it run!!!!!! I need to hear the slight rumble of a v 8 t osee that my effortsarent entirely useless.

Thanks,
Nate

Is there any way to bypass this feature of the car? Reason being is that there is no ring anywhere on my column that sounds like what you described.

Nate