I had inspected the RAM stick myself before i handed it for a second opinion and dismantled my old rig.
The system with that faulty stick just wont boot and gave ticking noise. I understood the stick was gone but just to make sure i gave it out for checking. Will get the dead thing back tomorrow.
Maybe will put up the old rig for sale as well in due time. Got 1 GB DDR1 stick with me and the proccy+mobo wont be doing anything worthwhile.