What you are seeing is a "blink code". Similar to something like a digital SOS message, your laptop is built to flash certain LED lights a specific number times to indicate a hardware problem.
According to Compaq's table of blink codes, the Caps Lock LED light blinking five times consecutively means you have a system board failure. If your laptop is still under warranty, I would contact the company immediately and have it shipped out to be serviced. Otherwise, you will need to either pay Compaq or another third-party repair shop to fix or, more likely, replace the system board.
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