Found in http://groups.google.com/group/comp.lang.fortran/browse_thread/thread/58d772090de9d1f4 Test case by Dick Hendrickson, gfortran tested by Ron Shepard.
The executable is OK, but gfortran prints a bogus warning: Warning: '&' not allowed by itself in line 2 (The run-time result is: Print rather a lot of ampersands &&&&&&&&&&& ) PRINT *, 'Print rather a lot of ampersands &&&&& &&&&& &&&&&' end -- Summary: Bogus warning for valid continuation lines Product: gcc Version: 4.5.0 Status: UNCONFIRMED Severity: normal Priority: P3 Component: fortran AssignedTo: unassigned at gcc dot gnu dot org ReportedBy: burnus at gcc dot gnu dot org http://gcc.gnu.org/bugzilla/show_bug.cgi?id=39811