The VRDY is the signal from the servo drives, if you lose power or a feedback connection you will get it, check all the cables and power at 3 & 4 of the drives.
If it is a slant bed lathe, the X axis is probabally dropping due to brake or hydraulic latch is slow coming on after the drives turn off.
This is to stop the Turret from back feeding down whith power off.
BTW when was the last time the servo/spindle brushes were checked?
Al.
CNC, Mechatronics Integration and Custom Machine Design
“Logic will get you from A to B. Imagination will take you everywhere.”
Albert E.