diff --git a/drivers/net/usb/smsc95xx.c b/drivers/net/usb/smsc95xx.c
index 47a6c870b51fae361b39de950ee4a523ced52475..48d4efdb4959a61b6704d58178879593ca4edad2 100644
--- a/drivers/net/usb/smsc95xx.c
+++ b/drivers/net/usb/smsc95xx.c
@@ -730,7 +730,7 @@ static int smsc95xx_phy_initialize(struct usbnet *dev)
 		msleep(10);
 		bmcr = smsc95xx_mdio_read(dev->net, dev->mii.phy_id, MII_BMCR);
 		timeout++;
-	} while ((bmcr & MII_BMCR) && (timeout < 100));
+	} while ((bmcr & BMCR_RESET) && (timeout < 100));
 
 	if (timeout >= 100) {
 		netdev_warn(dev->net, "timeout on PHY Reset");