INIT: no more processes left in this runlevel

I installed opensuse 11.1 using a network install. After rebooting I discovered no initrd was generated. Using rescue mode I ran mkinitrd and successfully generated an initrd. Then when I rebooted I got these messages after which the system stops.

INIT: version 2.86 booting
INIT: Entering runlevel: 5
INIT: no more processes left in this runlevel

The system is a Dell latitude d505 laptop. Filesystem is reiserfs.

Solved the problem by copying /etc/inittab.rpmnew to /etc/inittab