Try this real quick for a trouble shoot. I had a 97 that did the same thing one time and had it towed. Cranked fine, no start. All that was wrong with it was the batteries where going dead. Tech. said it needs a certain amount of amps to turn on the injectors, if the batteries are too weak it will still crank but not fire. If you hook up a battery charger to it and it starts thats likely your problem. Not sure about the wait to start light though since I was starting it in warm weather at the time. Good luck!!:thumbsup: