Your essential problem is that the IDE controller on your new motherboard is different than the IDE controller on your old motherboard and thus uses different drivers (which don't exist on your hard drive. Therefore, your new motherboard has no wayof accessing the hard drive.
Solution: If your old motherboard still works, reinstall it and implement the solution found in Microsoft KnowledgeBase article 314082 (You Receive a Stop 0x0000007B Error After You Move the Windows XP System Disk toAnother Computer). Your new motherboard essentially makes your computer a different one from the one XP was installed on.
If this doesn't work, your options (in order) are to attempt a repair installation (as suggested in Answer 2, or wipe the disk and install XP from scratch.
Hope this helps.