Processor overcycling

["Adv. Systems Design" <asd_2000 yahoo com>]

I have an AMD K62 w32mb RAM...recently upgraded to
RH6.0 and I am noticing that I'm having trouble
telneting into the machine. I discovered that the CPU
is being cycled to death by some UNKNOWN process that
I can't find, and which gets backgrounded? when I look
under TOP.
TOP indicates initially that:

CPU states:  0.0% user,  0.0% system,  0.0% nice, 
5.4% idle
Mem:   30888K av,  29560K used,   1328K free,  22448K
shrd,  11820K buff

but then after 2 or 3 seconds that:

39 processes: 38 sleeping, 1 running, 0 zombie, 0
stopped
CPU states:  0.3% user,  0.3% system,  0.0% nice,
99.2% idle
Mem:   30888K av,  29564K used,   1324K free,  22452K
shrd,  11820K buff
Swap: 161272K av,      0K used, 161272K free

A restart will help for the short run, but after a
while, it will continue to get bogged down. I tried
killing processes one at a time but it didn't seem to
help...

Following the telnetting problem I found that giving
NETSTAT from the console will report the following and
that my telnet session from another machine will "wake
up" after being dead if I don't use it in a while

Proto RefCnt Flags       Type       State        
I-Node Path
unix  1      [ ]         STREAM     CONNECTED     442 
  @0000001d
unix  1      [ ]         STREAM     CONNECTED     807 
  @0000003d
unix  1      [ ]         STREAM     CONNECTED     773 
  @00000039
unix  1      [ ]         STREAM     CONNECTED     5971
  @0000004c
unix  1      [ ]         STREAM     CONNECTED     5886
  @00000049
unix  0      [ ]         STREAM     CONNECTED     113 
  @00000011
unix  1      [ ]         STREAM     CONNECTED     694 
  @00000031
unix  1      [ ]         STREAM     CONNECTED     815 
  @00000040
unix  1      [ ]         STREAM     CONNECTED     5972
  /dev/log
unix  1      [ ]         STREAM     CONNECTED     5887
  /dev/log
unix  1      [ ]         STREAM     CONNECTED     816 
  /dev/log
unix  1      [ ]         STREAM     CONNECTED     808 
  /dev/log
unix  1      [ ]         STREAM     CONNECTED     774 
  /dev/log
unix  1      [ ]         STREAM     CONNECTED     695 
  /dev/log
unix  1      [ ]         STREAM     CONNECTED     443 
  /dev/log

Any ideas?! I am going crazy trying to figure this one out!
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