Avid Cinema: How To Troubleshoot Red ‘X‘ At Startup (6/97)

I have Avid Cinema installed in my computer. When I start my computer, the Avid Cinema extension has a red 'X' on it. What could be causing this?
There are several reasons this may be happening.

Virtual memory is on or RAM Doubler is installed. Note: If you are using Ram Doubler 2.0, Avid Cinema 1.0 help may mistake virtual memory for RAM Doubler and try to walk you through turning virtual memory off.

QuickTime 2.5 or later is not installed. QuickTime 2.5 or later must be installed in order for the Avid Cinema Extension to load.

For some reason the Avid Cinema Extension loaded before QuickTime 2.5. Avid Cinema Extension has a degree character in front of its name to force it to load after QuickTime 2.5. If this character is removed or changed so that the extension appears before QuickTime, it will not load properly.

The Avid Cinema card is not installed or is not seated properly. Follow these steps to reseat the card:
Published Date: Feb 18, 2012