Help! RHEL 3 Box won't boot - No init found

During boot, I get:

Kernel panic: No init found. Try passing init= option to kernel.

Probably using kernel 2.4.21-27.0.2.EL on a PowerEdge 2800 with a PERC 4e/Di controller.

RH won't provide support to get business back up and running. Is there a tech in the Houston/Sugarland area?

We have original cd to boot into a rescue environment but need guidance beyond that which is hard to do without remote control assistance. Is there a "live" cd we could burn and boot into and someone remote in?