Build problems - no libiberty/pic

Hi,

I've tried to build the three SID snapshots currently found on 
sources.redhat.com and the latest from CVS.

In all four cases I got the following error:

/bin/sh ./libtool --tag=CXX --mode=link c++ -g -O2     -o libcgencpu.la 
-rpath /home/pal/local/arm-tools//lib/sidcomp -module -no-undefined 
compCGEN.lo cgen-fpu.lo fp.lo tracedis.lo arm7t/libarm7t.la 
m32r/libm32r.la mt/libmt.la xstormy16/libxstormy16.la  
-L../../../libiberty/pic -liberty cgen-asm.lo cgen-dis.lo cgen-opc.lo 
dis-buf.lo dis-init.lo -lpthread -lm
./libtool: line 1803: cd: ../../../libiberty/pic: No such file or directory
libtool: link: cannot determine absolute directory name of 
`../../../libiberty/pic'
make[7]: *** [libcgencpu.la] Error 1

Any hints on how to get past this woul be greatly appreciated.

Best regards,
 Peter Allin