plz help me ~~~ (Kernel panic: No init found.)

loaded at: 00400000 004C81E4
board data at: 004C513C 004C5154
relocated to: 00405638 00405650
zimage at: 00405B3D 004C40CA
avail ram: 004C9000 10000000

Linux/PPC load: console=ttyS0,38400 root=/dev/xsysace/disc0/part3
rw
Uncompressing Linux...done.
Now booting the kernel
Linux version 2.4.26 (root@dbsvr) (gcc version 3.4.4) #14 Fri Nov 17 09:09:06 KS
T 2006
Xilinx Virtex-II Pro port (C) 2002 MontaVista Software, Inc. (source@mvista.com)

On node 0 totalpages: 65536
zone(0): 65536 pages.
zone(1): 0 pa
zone(2): 0 pages.
Kernel command line: console=ttyS0,38400 root=/dev/xsysace/disc0/part3 rw
Xilinx INTC #0 at 0x41200000 mapped to 0xFDFFE000
Calibrating delay loop... 299.00 BogoMIPS
Memory: 257236k available (1360k kernel code, 408k data, 52k init, 0k highmem)
Dentry cache hash table entries: 32768 (order: 6, 262144 bytes)
Inode cache hash table entries: 16384 (order: 5, 131072 bytes)
Mount cache hash table entries: 512 (order: 0, 4096 bytes)
Buffer cache hash table entries: 16384 (order: 4, 65536 bytes)
Page-cache hash table entries: 65536 (order: 6, 262144 bytes)
POSIX conformance testing by UNIFIX
Linux NET4.0 for Linux 2.4
Based upon Swansea University Computer Society NET3.039
Initializing RT netlink socket
Starting kswapd
Journalled Block Device driver loaded
devfs: v1.12c (20020818) Richard Gooch (rgooch@atnf.csiro.au)
devfs: boot_options: 0x1
Installing knfsd (copyright (C) 1996 okir@monad.swb.de).
pty: 256 Unix98 ptys configured
Serial driver version 5.05c (2001-07-08) with no serial options enabled
ttyS00 at 0xfdfff003 (irq = 29) is a 16550A
RAMDISK driver initialized: 16 RAM disks of 16384K size 1024 blocksize
loop: loaded (max 8 devices)
Partition check:
xsysacea: p1 p2 p3
System ACE at 0x41800000 mapped to 0xD100D000, irq=30, 1982232KB
PPP generic driver version 2.4.2
PPP Deflate Compression module registered
eth0: No PHY detected. Assuming a PHY at address 0.
eth0: Xilinx EMAC #0 at 0x80400000 mapped to 0xD1020000, irq=31
NET4: Linux TCP/IP 1.0 for NET4.0
IP Protocols: ICMP, UDP, TCP, IGMP
IP: routing cache hash table of 2048 buckets, 16Kbytes
TCP: Hash tables configured (established 16384 bind 32768)
NET4: Unix domain sockets 1.0/SMP for Linux NET4.0.
kjournald starting. Commit interval 5 seconds
EXT3 FS 2.4-0.9.19, 19 August 2002 on System ACE(254,3), internal journal
EXT3-fs: recovery complete.
EXT3-fs: mounted filesystem with ordered data mode.
VFS: Mounted root (ext3 filesystem).
Mounted devfs on /dev
Freeing unused kernel memory: 52k init
[Dejavu] : run_init_process()...
[Dejavu] : run_init_process() 2
Kernel panic: No init found.
Try passing init= option to kernel.
<0>
Rebooting in 180 seconds..

이넘이 당췌 뭐라고 하는거죵???ㅡㅜ