Fixed...
The information I obtained is mostly from http://communities.ptc.com/thread/37682 and actually answered by Mark S. Fischer.
Thank you for the help Eric, Hugo, and others within the forum whom have posted in the past.
It was a graphics issue and following the steps outlined below I was able to get my computer to cease restarting and Creo to finally work.
1. Go to C:\Program Files\PTC\Creo 2.0\Common Files\<DATECODE>\text\config.pro
2. Add line ' graphics win32_GDI ' to the config.pro file from notepad and save as config.pro... be sure to add the extension
3. Right click on shortcut and open the "start in" location copy the config.pro file along with its file association from the location you saved the file in from step 1 and paste into the "start in" location.
4. Start Creo and ENJOY!!!!