If you are not using AC_CONFIG_HEADERS, value should not contain any ‘#’ characters, as make tends to eat them. (autoconf manual) ...
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as
ID Status Resolution Sev Product Comp Assignee Reporter Summary
2789 CLOS WONT enh Sisyphus gcc2.96 ldv tall-r Internal compiler error

File a new bug in the "gcc2.96" component of the "Sisyphus" product