Had the same problem trying to use the "sound card" in a Dell Laptop. Bottom line is that you NEED an external sound card. Has it got a PC card slot? There is a neat sound card made by Digigram called VXPocket th fits right in the PCMCIA card slot, and has a breakout cable for XLR mic inputs, and Line inputs..about 500 bucks..I might have one laying around that you could have for less.
I am using a USB external mic preamp called "USB Pre" made by Sound Devices..it has mic inputs and headset outputs with a mixer to mix the output (playback) of Adobe Audition, and your actual mic input. There are cheaper ones made by Edirol I think..and M-Audio. That one was around 500 bucks also.
The stock sound cards in computers, especially laptops are not meant for audio production and are likely to pickup hard-drive whine as well as other spurious RF energy emitted by the laptop..not to mention wireless WiFi systems in many of the newer ones.
External sound card will be the fix.