Build kernel: sigh... got an ugly error message just before make lifimage

[Joao Carlos de Lima Roscoe <joao.roscoe@magnetimarelli.com.br>]

 Hi everyone!

Maybe some of you gurus will be able to give me some enlightenment...

I have gcc, kernel-package, kernel-source-2.4.18-hppa, libc6-dev, tk8.3, libncurses5-dev and  fakeroot installed in a C110, and I did the classic minueto:

cd /usr/src/
rm linux
ln -s kernelsrctree linux
cd kernelsrctree
make clean
make rmproper
make clean
cp /boot/config... ./.config
make menuconfig
make dep
make bzImage

My build was going smoothly, but after plenty of info scrolling, boom:

.....cd ../palo && make lifimage
/bin/sh cd: ../palo: No such file or directory
make: *** [palo] Error 1

It seems that my build bombed at the last step. Any hints? Maybe 
something like apt-get install palo-dev?
Or do I need any kernel patch to build for hppa?

Thanks,
Joao