My Ipod keeps telling my to connect it to my computer and use Itunes to restore it.

I've done this several times now and every time I wait for the half hour restoration process to finish and I get a pop-up that says to leave my Ipod connected and Itunes will reconfigure the Ipod.

Every time it reconfigures, it says that the Ipod is still in recovery mode and needs to be restored to the original factory settings and I have to go through the whole process again.

I've tried putting it into disk mode and going through the whole process again as well and have had no success with that either.

Is my Ipod fried? Any suggestions?