The only two ways I can think of getting files off of the laptop without using the GUI (since your Windows ME is practically useless) would to be to go thru an MS-DOS prompt or get a Knoppix Live-Eval CD (at http://www.knopper.net/knoppix/index-en.html
To reinstall, fix your BIOS so that the CD drive is the first boot device. Usually, hitting F1,F2, or Delete at startup will get you into BIOS. Find the Boot order or Advanced Setup option, and then change the First Boot Device to CD drive. The Windows installer will start, and from there, you can just follow the on-screen directions.