On Tue, Dec 18, 2007 at 11:15:38AM -0800, Amba Giri wrote:
> Hello
> 
> 
> I have installed kernel 2.6.18-ovz-028stab051.1 as the 1st kernel to boot in
> GRUB.  It seemed to boot fine initally but today I find the following error
> when I boot:
> 
> Loading,please wait...

Whatever your distribution of choice puts into the initrd init scripts,
it does not work, which is probably in no way associated with OpenVZ.
You might be more lucky seeking help on your distro's support
forums/lists.

regards,
-- 
Marcin Owsiany <marcin@owsiany.pl>              http://marcin.owsiany.pl/
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