'89 Probe Isn't Accelerating

Hey ..

I have an '89 Ford Probe LX with an Automatic Transmission. When i put the car into drive, the car putters for a couple of seconds, then my electric dashboard dies, the check engine light comes on and the car is dead. I have to restart the car only for the process to be repeated. The car will reverse just fine though! I was wondering if anybody knew what this problem could be and/or what parts needed to be replaced. Any feedback is appreciated.

Thanks,
FuseIon