The computer is telling you that there is a fault with the driver for NDIS.sys which, with a Google Search, seems to be the driver for your NIC or Network Interface Card. This is, as jb190281 pointed out, often part of the motherboard. This problem might be solved by you downloading and installing a newer version of the driver, which will probably be available from HiGrade, or from the Windows Update server. Have you tried running Windows Update manually? Start > All Programs > Windows Update and then choose to search ALL updates, not just recommended ones.
Of course, this might be difficult to do on the laptop itself if it crashes every few minutes. Have you tried starting it in Safe Mode (tapping F8 key just after the system beeps on startup)? Doing this should deactivate your NIC and might prevent the driver conflict occurring. That way, you would have time to go into your computer, look at the Control Panel Device Manager and see what type of motherboard/networking card is on it, and use another computer to download the drivers for it.
This is definitely a driver issue though, and it doesn't mean your laptop is dead. I've had it before with graphics drivers giving me an almost identical error and forcing the system to restart.