Hey,

It might still be a bad alt. Just because it was replaced, doesn't mean its not defective. Have it tested. Here is the link for the article in the tech archives for the inhibitor switch:

http://www.4x4wire.com/mitsubishi/tech/inhibitor_switch/

Hope this helps and good luck with the fix <img src="/forums/images/graemlins/cheers.gif" alt="" />

'88 Raider 2.6L - SW Hubs, Weber 32/36, Off-road Pkg - Dead
'88 Monty 2.7L - 5" Lift, Weber 38, 33's, Dual Fans, Dual bouncy (more goodies to install) - Still Kicking.
'03 Monty Sport - XLS, BFG A/T's - Dead