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

[Joao Carlos de Lima Roscoe]

 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