88 Vert will not run

[chrisg]

Got a tip from FAQ, just ran the check on the anti theft system. It failed all the recommended actions from the service manual. Could not get it to set at all. When I bought it the theft system was on and off. I quite setting it. Got water through the seals on the passenger side. I have 144,000 on the motor. Could the theft system cause this problem. It will turn over but not crank. No spark etc...
Thank you for the reply. Not much of a mechanic spent the last 20 years under the water. First project car. Although I have owned a 88 SE, 85 and 83.