The last message before kernal panic is as follows.
ds:no socket drivers loaded!
Kernel panic: I have no root and I want to scream
The kernel patches for intel framebuffer driver is available for kernel 2.4.18, 2.4.17, 2.4.9, 2.4.10 and etc, not greater than 2.4.18. I installed Red Hat linux 8.0, kernel 2.4.18-14 from CDROM. If i would apply patches for current existing kernel 2.4.18-14 and recompile the kernel and if any problem occurs during boot up I may not able to use linux itself. So what i decided is to select a kernel separately 2.4.17,apply patch to it and compile the same. No framebuffer driver patch is available for kernel version geater than current 2.4.18 kernel. Thats why i selected kernel 2.4.17. Hope this is not a problem.
I followed the guidelines to compile the kernel from the following link.
I executed /sbin/lilo after updating the "lilo.conf" file. But still the problem occurs. How to overcome the aforesaid problem ?