Hi Jesus,
I'm a newbie on this forum, but I hope I can help you out. I am using the MCF52235EVB but it looks similar to your board.
OK - "example_flash is executing" this is not an error message, just the debugger elling you that it is running.
Second - can't ping your board at the IP address that you specified. You sure you programmed the board OK? Quick way to check is to connect up the serial port - UART0 to hyperterminal 115200 8N1 and hit return a couple of times. You should see a prompt INET> where you can type help to get some commands. Try IP - I think that will tell you the boards IP address. Alternatively, just turn off the board, remove the MultiLink and then turn on the board - you should see the stack boot in the hyperterminal window. Check the IP address.
If the IP address is the one that your pinging, you have a PC probelm. Firewall? Are you connected via router, or directly to the board with the supplied crossover cable? I had some diffieculty with my NIC settings - try changing the NIC to 100 Mbits/s half duplex - that seemed to work for me.
Any ideas from you more experienced guys???
Marcia
(Now look at my question/post and see if you can help me)