Not completely but usually if you have no RPM's, your CPS is gone. How many miles are on it? If you go through all the other trouble shooting stuff and can't figure it out, I would just replace the CPS.
There is also a pick up in the distributer that could be the problem.
Worst case, fried PCM, I fried two of them in less than a year. Once due to bumping the cord from my computer connected to the PCM through OBD-II port, so it lost the tune I was doing and crapped out. Second, I by passed the MSD box due to it going out, was just running an after market coil with stock ignition. Big no-no I guess, the PCM fried with-in miles.
When it fried the second time, I had the same exact thing you are describing.
Good luck!