> make V=1 axl.lo 
/bin/sh ../autoconf/ylwrap `test -f 'src/compiler/phases/parse/axl.y' || echo '../'`src/compiler/phases/parse/axl.y y.tab.c axl.c y.tab.h axl.h y.output axl.output -- byacc  -d
axl.h is unchanged
/bin/sh ./libtool  --tag=CC    --mode=compile gcc -DHAVE_CONFIG_H  -I. -I.. -I./include/config  -I../include -I./include  -I../include -I./include -D_DEBUG  -DPREFIX='"/usr/local"' -I../`echo axl.c | grep -o  'src/library/\w\+'`/include      -g -O2 -pipe -ggdb3 -pedantic -ansi -fvisibility=hidden -MT axl.lo -MD -MP -MF .deps/axl.Tpo -c -o axl.lo axl.c
libtool: compile:  gcc -DHAVE_CONFIG_H -I. -I.. -I./include/config -I../include -I./include -I../include -I./include -D_DEBUG -DPREFIX=\"/usr/local\" -I..//include -g -O2 -pipe -ggdb3 -pedantic -ansi -fvisibility=hidden -MT axl.lo -MD -MP -MF .deps/axl.Tpo -c axl.c  -fPIC -DPIC -o .libs/axl.o
mv -f .deps/axl.Tpo .deps/axl.Plo
>