make error on latest cvs

[Dhaemon <dh...@gm...>]

Hi,
I can't compile the latest clisp from cvs.
I get:

cd .. && make  am--refresh
make[3]: Nothing to be done for `am--refresh'.
depbase=`echo localcharset.lo | sed 's|[^/]*$|.deps/&|;s|\.lo$||'`;\
/bin/sh ../libtool --tag=CC   --mode=compile gcc -DHAVE_CONFIG_H -I. -I..
 -I../intl -I/sw/include  -g -O2 -Igllib -W -Wswitch -Wcomment
-Wpointer-arith -Wimplicit -Wreturn-type -Wmissing-declarations
-Wno-sign-compare -O2 -fexpensive-optimizations -falign-functions=4
-DUNIX_BINARY_DISTRIB -DUNICODE -DNO_GETTEXT -DNO_SIGSEGV -I.  -MT
localcharset.lo -MD -MP -MF $depbase.Tpo -c -o localcharset.lo
localcharset.c &&\
mv -f $depbase.Tpo $depbase.Plo
../libtool: ../libtool: No such file or directory
make[2]: *** [localcharset.lo] Error 127
make[1]: *** [all] Error 2
make: *** [gllib] Error 2

I'm using MacOS 10.4. Any ideas?