Description of problem:
there are some misprints in /etc/rc.d/rc.sysinit;
don't get me wrong, this is just for the beauty of the script:

# Print a text banner.
echo -en $"\t\tWelcome to "
if LC_ALL=C fgrep -q "Red Hat" /etc/redhat-release ; then
 [ "$BOOTUP" = "color" ] && echo -en "\\033[0;31m"
 echo -en "Red Hat"
 [ "$BOOTUP" = "color" ] && echo -en "\\033[0;39m"
 PRODUCT=`sed "s/Red Hat \(.*\) release.*/\1/" /etc/redhat-release`
 echo " $PRODUCT"
else
 PRODUCT=`sed "s/ release.*//g" /etc/redhat-release`
 echo "$PRODUCT"
fi
if [ "$PROMPT" != "no" ]; then
 echo -en $"\t\tPress 'I' to enter interactive startup."
 echo
fi

shold be:

# Print a text banner.
echo -en $"\t\tWelcome to "
if LC_ALL=C fgrep -q "Fedora" /etc/fedora-release ; then
 [ "$BOOTUP" = "color" ] && echo -en "\\033[0;31m"
 echo -en "Fedora"
 [ "$BOOTUP" = "color" ] && echo -en "\\033[0;39m"
 PRODUCT=`sed "s/Fedora \(.*\) release.*/\1/" /etc/fedora-release`
 echo " $PRODUCT"
else
 PRODUCT=`sed "s/ release.*//g" /etc/fedora-release`
 echo "$PRODUCT"
fi
if [ "$PROMPT" != "no" ]; then
 echo -en $"\t\tPress 'I' to enter interactive startup."
 echo
fi


Version-Release number of selected component (if applicable):
initscripts-7.42-1

How reproducible:
Always

Actual Results:  no red colour of "Fedora Core"

Expected Results:  red colour of "Fedora Core"
;-)