eth01 is your internet. Linux is looking for the device that hooks you up to the internet (i.e. your modem or DSL line). If it can't find it, it will continue to look for it, which can take some time.
I guess you are on dialup? Most modems are WinModems which are a pain to try to get to work under Linux. Cable and DSL, now that's a different story
Hope that makes sense