parallel make problem with git

Try this
$ git describe
v1.5.3-rc7
$make clean
$make -j 4
#... builds ok
$touch revision.c
$make -j 4
    CC revision.o
    AR libgit.a
    LINK git-fetch-pack
    LINK git-convert-objects
    LINK git-hash-object
    LINK git-index-pack
    LINK git-local-fetch
    LINK git-fast-import
    LINK git-daemon
    LINK git-mktag
    LINK git-merge-index
    LINK git-mktree
    LINK git-patch-id
    LINK git-peek-remote
    LINK git-receive-pack
    LINK git-send-pack
    LINK git-shell
    LINK git-show-index
    LINK git-ssh-fetch
    LINK git-ssh-upload
    LINK git-unpack-file
    LINK git-update-server-info
    LINK git-upload-pack
    LINK git-pack-redundant
    LINK git-var
    LINK git-merge-tree
    LINK git-imap-send
    LINK git-merge-recursive
    LINK git-ssh-pull
    LINK git-ssh-push
    LINK git-http-fetch
    LINK git-http-push
    LINK git
    LINK test-chmtime
gcc: test-chmtime.o: No such file or directory
make: *** [test-chmtime] Error 1
make: *** Waiting for unfinished jobs....

Any ideas?

-- 
MST