Have you tried waiting until the Organizer has finished building the thumbnails?
From: photodrawken email@example.com
Sent: 25 June 2012 18:24
Re: Egg timer on thumbnails
Operating system win 7 64 bit. PSE version 9
Today i have removed all pics from organiser, removed PSE 9 from hard drive reinstalled PSE 9 and then opened two files from another hard drive with 2 pics and the same probelm exsists blank thumbnail with eggtimer on top no movement from eggtimer in lower left hand tool bar.
Have you applied the latest patch for PSE9 (version 9.0.3)?
Use File...Catalog to create a new catalog, naming it something completely different than your old one. Import a few photos that are located on your internal drive and see if that works.
have done as requested downloaded update but still no sucses, Do you think the programme i downloaded from Adobe could be corrupt in any way.