[Coco] Coco 1 263-3001 just goes to 'ok' prompt when turned on

[Jeremy Michea]

I'm having a problem with this coco 1 i just acquired. When first turned on, there's no extended basic screen, just an OK prompt when turned on. Entering commands just seems to make it freeze or hang. 

Strangely enough, when I put in a cart, turn it on, and the cart loads fine. Then if I turn it off, remove the cart, and then turn it back on I'll get the Extended Basic Screen. Then turning it off and back on reverts back to just the "ok" at the top of the screen. 

Sounds like something is bad here but i have no idea what it may be or what to look for (very non-techy) so any help would be appreciated.