Wrong interpretation og '\$' by bash?

[Daniel M. <xt@nm.ru>]

Hello everybody,

I have the following lines in ~/.bash_prompt (for all users):

------------------------------------------------------
# set prompt and window title (if running in X terminal)

case $TERM in
	xterm*)
        	PS1="\[\033]0;\$\w/\007\]\$\w/: "
		;;
	*)
		PS1="\$\w/: "
		;;
esac
------------------------------------------------------

The problem is, that when I log in as a root, '$' is displayed
instead of '#'.

Why is that so - '\$' is supposed to display '#' if the effective 
uid is 0, and how it can be corrected?

Daniel.