[plt-scheme] configure error: C compiler cannot create executables

Hi, I recently reinstalled Ubuntu 8.04 from DVD.  I checked out the
PLT trunk from Subversion, but when I run configure I get this error:

dougo at quiet:/usr/local/plt/src$ ./configure
checking for gcc... gcc
checking for C compiler default output file name...
configure: error: C compiler cannot create executables
See `config.log' for more details.

Here's the relevant section of config.log:

gcc version 4.2.3 (Ubuntu 4.2.3-2ubuntu7)
configure:2673: $? = 0
configure:2680: gcc -V >&5
gcc: '-V' option must have argument

--dougorleans at gmail.com