I was able to swap out all the other parts and determined that just the analog board is bad in this iMac 350Mhz (no firewire).
The motherboard chimes, the power board and video board worked fine in another machine, the CRT displays for a few seconds before the analog board shorts and the machine powers off.
I got the machine with no HDD, RAM, or CD-ROM. So, those items are not included.
e-mail me if you are interested and make a reasonable offer (or else I will part it out and sell the parts on eBay when I get back from Europe in August).
The original box is included.