First Flash:
Signals the end of the ROM test.
Second Flash:
Test the NMOS RAM (U7). There will be a bit of a delay between the first and second flash, be patient. If no flash, replace U7.
Third Flash:
Tests the CMOS RAM (U8). If no flash, replace U8 - use caution the 5101 chip is NOT diode protected and is very static sensitive!
Fourth Flash:
Tests the first PIA chip (U10). If no flash, swap U11 for U10. Note that although you may get the fourth flash, U10 may still be defective.
Fifth Flash:
Tests the second PIA chip (U11). As above. If you have already swapped U10 and U11 and don't have the fifth flash, try a new 6821 in U11. If still no success, swap once more. Worst case-replace both PIA's.
Sixth Flash:
Tests the Display Interrupt Generator. This actually tests both U11 and U12. If U11 has been replaced, and no sixth flash, replace U12.
Seventh Flash:
Tests the "Zero Crossing Detector". This tests U10 and U14 as well as the presense of +43 volts from the rectifier board. If no seventh flash, check for +43 volts before changing anything else. Fuse F4 (+43 volt) is a common failure. Unless U10 has already been swapped for a new or known good 6821, change it before U14.