LG VX-8500 Chocolate

I just recently suffered some water damage to my chocolate. A couple other people I know of who got water damage to theirs didn't have this problem, but now whenever i turn it on "verizon wireless" displays on the screen, as if its starting up, but then it goes black and repeats itself...over and over and over again. Is there anything i can do? I'd like to at least salvage my contacts and videos off of it...