diff --git a/gcc/ChangeLog b/gcc/ChangeLog
index 47464c38a48..fb5fe2399b4 100644
--- a/gcc/ChangeLog
+++ b/gcc/ChangeLog
@@ -1,3 +1,9 @@
+Sun Sep 13 04:37:28 1998  David S. Miller  <davem@pierdol.cobaltmicro.com>
+
+	* loop.c (move_movables): While removing insn sequences, preserve
+	the next pointer of the most recently deleted insn when we skip
+	over a NOTE.
+
 Sat Sep 12 11:37:19 1998  Michael Meissner  <meissner@cygnus.com>
 
 	* rs6000.h ({ASM,CPP}_CPU_SPEC): Add support for all machines
diff --git a/gcc/loop.c b/gcc/loop.c
index eae3d7451f4..3efb200f0f7 100644
--- a/gcc/loop.c
+++ b/gcc/loop.c
@@ -1916,9 +1916,17 @@ move_movables (movables, threshold, insn_count, loop_start, end, nregs)
 			    temp = delete_insn (temp);
 			}
 
+		      temp = p;
 		      p = delete_insn (p);
+
+		      /* simplify_giv_expr expects that it can walk the insns
+			 at m->insn forwards and see this old sequence we are
+			 tossing here.  delete_insn does preserve the next
+			 pointers, but when we skip over a NOTE we must fix
+			 it up.  Otherwise that code walks into the non-deleted
+			 insn stream.  */
 		      while (p && GET_CODE (p) == NOTE)
-			p = NEXT_INSN (p);
+			p = NEXT_INSN (temp) = NEXT_INSN (p);
 		    }
 
 		  start_sequence ();
@@ -2125,9 +2133,18 @@ move_movables (movables, threshold, insn_count, loop_start, end, nregs)
 			  XEXP (temp, 0) = i1;
 			}
 
+		      temp = p;
 		      delete_insn (p);
-		      do p = NEXT_INSN (p);
-		      while (p && GET_CODE (p) == NOTE);
+		      p = NEXT_INSN (p);
+
+		      /* simplify_giv_expr expects that it can walk the insns
+			 at m->insn forwards and see this old sequence we are
+			 tossing here.  delete_insn does preserve the next
+			 pointers, but when we skip over a NOTE we must fix
+			 it up.  Otherwise that code walks into the non-deleted
+			 insn stream.  */
+		      while (p && GET_CODE (p) == NOTE)
+			p = NEXT_INSN (temp) = NEXT_INSN (p);
 		    }
 
 		  /* The more regs we move, the less we like moving them.  */