Ethernet problems (MPC8xx with Linux)

Hello All,
This query is regarding Linux on MPC860/862.
I have configured the kernel to use SCC3 instead of SCC1 for ethernet.

I am getting the following error when I try to ping another machine.

NETDEV WATCHDOG: eth0: transmit timed out
eth0: transmit timed out.
Ring data dump: cur_tx 80002890 (full) cur_rx 80002850.
dc00 002a 019ff9e2019ffc62

dc00 002a 019ffa62
dc00 002a 019ffae2
dc00 002a 019ffb62
dc00 002a 019ffbe2
dc00 002a dc00 002a 019ffce2
fc00 002a 019ffd62
9000 0000 01ff6000
9000 0000 01ff6800
9000 0000 01ff4000
9000 002e 01ff4800
9000 0000 01ff3000
9000 0004 01ff3800
9000 0009 01ff2000
b000 0001 01ff2800

I look forward to know what is going wrong.

Regards,
Srijit