If the engine cranks much faster than normal then yea, I agree, the timing belt snapped. Remove the screws from the upper timing belt cover and carefully pull it back and look at the cam gears. If you don't see a belt over the top of the cam gears it's busted.

If the timing belt is OK then check the fuel pump. A quick and dirty (but dangerous) check: remove a fuel line from the fuel filter. Turn ignition to ON or start. Fuel should spray out. Be careful...one spark and ka-boom! <img src="/forums/images/graemlins/scared.gif" alt="" />

Spark check: get an inductive clamp timing light. Remove rubber plug over #1 spark plug wire. Clamp on the timing light. Crank engine. If timing light flashes you have spark.

Start with that.