Kde hangs on splash screen

["pepper" <tehpepsy@gmail.com>]

Linux 2.4.27-1-386
kde 3.2.1
xserver 4.3.0
Once i start kde it keep hanging on the splash screen under initializing
services....after few mins....it jump out to the grey background...and sit
there.........till i kill the x server.

Any idea what can it be?

Bye
Giacomo