you can wipe out the config by using the following procedure, documented here:
http://www.cisco.com/univercd/cc/td/doc/product/lan/c3550/12225se/3550hig/35trbl.htm#wp1030337
Step 1 Press and hold the Mode button.
The switch LEDs begin blinking after about 2 seconds.
Step 2 Continue holding down the Mode button. The LEDs stop blinking after 8 additional seconds, and then the switch reboots.
The switch now behaves like an unconfigured switch.