I did as you said. Set the baud rate to 74800. following is the output.
ets Jan 8 2013,rst cause:2, boot mode:(3,7)
load 0x40100000, len 1524, room 16
tail 4
chksum 0xfb
load 0x3ffe8000, len 672, room 4
tail 12
chksum 0xf5
csum 0xf5
rBoot v1.2.1 - richardaburton@gmail.com
Flash Size: 8 Mbit
Flash Mode: QIO
Flash Speed: 40 MHz
Booting rom 0.
Fatal exception (0):
epc1=0x40105cb9, epc2=0x00000000, epc3=0x00000000, excvaddr=0x00000000, depc=0x00000000
Fatal exception (0):
epc1=0x40105cb9, epc2=0x00000000, epc3=0x00000000, excvaddr=0x00000000, depc=0x00000000
Thanks