ifconfig hang on Arcturus uCdimm

Hi everyone,
  I am running uClinux 2.4.x kernel (20040408 distribution) on
Arcturus uCdimm and trying to get network established on eth0
(Ethernet A?) interface.

The kernel options selected are:

CONFIG_CS89x0=y
# CONFIG_UCCS8900 is not set
# CONFIG_UCCS89x0_HW_SWAP is not set

and dmesg is :

cs89x0: Setting up uCcs8900 Chip Select & IRQ ioaddr = 0x10000300
Morton <andr>eth0: cs8900 rev J found at 0x10000300
cs89x0 media RJ-45, IRQ 20, programmed I/O, MAC 00:06:3b:00:0e:92
cs89x0_probe1() successful
~

But when init process runs rc script:
ifconfig lo  127.0.0.1
  - No problem
ifconfig eth0 192.168.1.2 netmask 255.255.255.0 broadcast
192.168.1.255
  - HANGS

I tried giving the command manually but had the same problem. Can
anyone please tell me what I am missing here? The ifconfig is an
application in the user directory of the uCLinux distribution.

Thank you,
Sriram