Symptoms
The Rebuild master utility (rebuildm.exe) provided with Microsoft SQL Server 2000 stops responding in the Server Configuration step if the source directory that contains data files is on a CD-ROM.
For example: <MyCDDriveLetter>:\x86\data
NOTE: You must terminate the action manually.
The following error message may occur:

Rebuild Master failed with error -1:
The error occurred during server configuration. Refer to install\cnfgsvr.out and the log\errorlog files in C:\Program Files\Microsoft SQL Server\MSSQL for diagnostic information.
Resolution
Rebuildm.exe needs the original master, pubs, msdb, and northwind files (both data and log). Rebuildm.exe copies these files into the installation directory of SQL Server 2000. When the copy completes, rebuildm.exe leaves all those files with the Read-only attribute set to on, which then prevents SQL Server from starting.