Issue with console prompt

Hello,

Recently a few of our servers have been
experiencing very strange characters when connecting via conserver. It
looks like this:

Ìoçiî iîcorrectäorîocè coîóole loçiî: äorîocè coîóole loçiî: äorîocè coîóole loçiî: [disconnect]

There is basically a 1 to 1 "translation",
so "Ìoçiî" is "login", etc. I've tried playing around
with the baud in conserver.cf, but that just
made it worse. This originally occurred
on one server, but that server was cloned to another and now the new one
has the same problem,
so it appears to be something on the
server itself. Both are Solaris 10, and I compared /etc/inittab to a working
system and the console
lines appeared to be identical:

smf::sysinit:/lib/svc/bin/svc.startd
   >/dev/msglog 2<>/dev/msglog </dev/console

Any help on how to fix this would be
appreciated.
Thanks,
Tim