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Here's a guide;
What do the battery lights mean on my mouse?
Some keyboard and mouse models feature a battery light that shows the current status of the batteries. The following table describes the different lights and states.
Single long green blink
Batteries are good. This occurs when batteries are first installed or every time that the device is turned on.
Slow green blink
Device is docked in the charging station and is charging properly.
Device is docked in the charging station and does not need additional charging.
Presenter Mouse (Japanese version)
Laser pointer is on.
Device is discoverable (trying to connect to the transceiver).
Slow red blink
Batteries are low and need to be replaced.
Slow red blink
Batteries are low and need recharging.
Fast red blink
Device is docked in the charging station, but there is a charging error. Reasons for errors: The wrong type of battery is installed; the battery or batteries are missing; or the battery connection is bad. Solutions: Make sure that the correct battery or batteries are installed, and are installed correctly. If necessary, remove the batteries, wipe them with a clean cloth, and reinsert them.
Presenter Mouse (Standard version)
Laser pointer is on.
Have you found a solution to your problem? I am having the same problems with my Yashica T4 Zoom.
At least I have a suspicion, what it could be! ;-)
I think one of the electrical components needs to be replaced. Behind the battery compartment there is a big capacitor installed. It is only to be seen, when opening the camera's body. I think that this capacitor might be broken. Since it is used to store energy, this might very well be the reason the camera does show a blinking battery symbol.
I don't think that the repair is worth the camera.
I am afraid you are having the problem of old or weak batteries. Old batteries at times tend to show such problems and do not show charge while charging properly. For this purpose, you can use a reliable Nicad Battery Repair Guide through which you can recharge the batteries without any problem and make them work like the new ones within no time, without anyone's help and you can do this all by sitting at home! I tried it and now I never buy new nicad batteries (http://www.nicadbatteryrepair.com/).
battery's life is governed on the number of recharges. so it is always recommended to recharge a battery only when it has been discharged completely. generally a blinking battery symbol denotes that the battery needs recharging.
dude, i got the same problem, then, trying to fix it, i got it working doing this:
i pluged it in usb, when it first 'showed signs of life' i pressed the button that actually takes pictures and it then blinked and the battery metter started showing the 'recharging' signal (the battery metter symbol "becomes alive"... recharging, u know...¬¬' )
i wish i could explain this better.
i hope i could solve YOUR problem too.
Put in new batteries. If you're using rechargeable batteries, they already have a lower voltage than regular batteries. If you don't have enough milliamps in the battery, it will show as low, no matter what the voltage is.