If you can see a waveform zoomed in that disappears as you zoom out, that sounds like you've adjusted the audio scaling for that track.
Change it back to default by double clicking on the vertical bar that divides the clip pane from the track header.It's a per track setting so make sure you do it on the track giving you trouble.
You can also adjust it to your own preferred scale by click dragging up or down in the same place.
If it's just a flat line regardless of zoom level just re-compute the pictures as suggested above. (Right Click -->associated audio files or Shift+K)