Catalyst 2955 stuck in reboot loop

[drinkingwater]

I am having an issue with this device after setting the ip address and rebooting. I have tried renaming the config.text file without success. I have also tried the steps mentioned here: http://www.cisco.com/en/US/products/hw/switches/ps628/products_tech_note09186a0080169696.shtml .

Are there any other steps I can take to get this device working?

[drinkingwater]

Well I have made some progress, after powering it down for awhile (3-5 minutes) the device boots properly.

If I try restarting the device immediately after, it begins to do the reboot loop until I power it off for awhile again.

I received the following for each port after getting the press Return to begin message:

POST: Loop back Test Failed on FastEthernet0/1. State:Disabled

Looking up the error, it appears that is a hardware issue.