FEC stands for Fast Ethernet Controller (100mb LAN). The ReceiverError line is followed by a number that denotes the exact problem.
Basically it is stating that the system received a packet that it considers wrong or corrupt in some way or perhaps there was a collision so it threw it away, the packet would then have been re-sent. This is does not normally indicate a problem and is nothing to worry about unless the error's are streaming in the trace. See
Decoding FEC errors.