This bug has been copied from bug #532593 and has been proposed to be backported to 4.8 z-stream (EUS).
Committed in 89.0.18
An advisory has been issued which should help the problem described in this bug report. This report is therefore being closed with a resolution of ERRATA. For more information on therefore solution and/or where to find the updated files, please follow the link below. You may reopen this bug report if the solution does not work for you. http://rhn.redhat.com/errata/RHSA-2009-1671.html
Technical note added. If any revisions are required, please edit the "Technical Notes" field accordingly. All revisions will be proofread by the Engineering Content Services team. New Contents: A fix in the Red Hat Security Advisory RHSA-2009:1024 introduced a regression. After updating to Red Hat Enterprise Linux 4.8 and rebooting, network links often failed to be brought up for interfaces using the forcedeth driver. Additionally, "no link during initialization" messages may have been logged.