Same issue, but need help "making" the bootable floppy. Mandrake 9.1's pcmcia.img file works fine for Mandrake, but won't work on anything but 9.1. I tried Mandriva 2006, but the pcmcia drivers fail to load. I also tried the Ubuntu's suggestion of Smart Boot Manager, which doesn't even recognize the CDROM. I really want to go with Ubuntu on this one, but may have to role back to something else.
Really need new laptop.