the speed sensor is too small to cause anything like that to happen... and besides, its driven only when the car is moving, not when its cranking.
as for the actual source of the problem, well, thats gonna be tough without the car in front of me.
if you keep your ignition in the crank position even after it feels like its "stopped", what happens? does it eventually turn over again, or is it dead in the water until you release the key and return it?
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