Same thing happened to us (except it was an innocent soft reboot instead of a power outage), tech replaced hard drive and it works now. The phones kept switching between two light patterns and pings would succeed for a while and then fail for a while. Couldn't connect via BEM either.
If it's connected to your network, unplug the network connection and reboot the BCM50.
Had the same symptom before after a power failure and found that another device in the network had defaulted and come online with the same IP as the BCM. This sent the BCM into a boot loop due to the dual IP assignment.
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