Mine

config.status: creating include/Makefile
config.status: creating iecset/Makefile
config.status: creating utils/Makefile
config.status: creating utils/alsa-utils.spec
config.status: creating seq/Makefile
config.status: creating seq/aconnect/Makefile
config.status: creating seq/aplaymidi/Makefile
config.status: creating seq/aseqdump/Makefile
config.status: creating seq/aseqnet/Makefile
config.status: creating speaker-test/Makefile
config.status: creating speaker-test/samples/Makefile
config.status: creating include/aconfig.h
config.status: include/aconfig.h is unchanged
config.status: executing po-directories commands
config.status: creating po/POTFILES
config.status: creating po/Makefile
config.status: executing depfiles commands
Making all in include
make[1]: Betrete Verzeichnis '/usr/src/alsa-utils/include'
cd .. && autoheader
rm -f stamp-h1
touch aconfig.h.in
cd .. && /bin/bash ./config.status include/aconfig.h
config.status: creating include/aconfig.h
config.status: include/aconfig.h is unchanged
make  all-am
make[2]: Betrete Verzeichnis '/usr/src/alsa-utils/include'
make[2]: Verlasse Verzeichnis '/usr/src/alsa-utils/include'
make[1]: Verlasse Verzeichnis '/usr/src/alsa-utils/include'
Making all in alsactl
make[1]: Betrete Verzeichnis '/usr/src/alsa-utils/alsactl'
source='alsactl.c' object='alsactl.o' libtool=no \
        DEPDIR=.deps depmode=none /bin/bash ../depcomp \
        gcc -DHAVE_CONFIG_H -I. -I../include     -O2 -Wall -pipe -g -c alsactl.c
source='state.c' object='state.o' libtool=no \
        DEPDIR=.deps depmode=none /bin/bash ../depcomp \
        gcc -DHAVE_CONFIG_H -I. -I../include     -O2 -Wall -pipe -g -c state.c
source='names.c' object='names.o' libtool=no \
        DEPDIR=.deps depmode=none /bin/bash ../depcomp \
        gcc -DHAVE_CONFIG_H -I. -I../include     -O2 -Wall -pipe -g -c names.c
gcc  -O2 -Wall -pipe -g   -o alsactl alsactl.o state.o names.o  -lasound -lm -ldl -lpthread
gcc: alsactl.o: No such file or directory
gcc: state.o: No such file or directory
gcc: names.o: No such file or directory
make[1]: *** [alsactl] Fehler 1
make[1]: Verlasse Verzeichnis '/usr/src/alsa-utils/alsactl'
make: *** [all-recursive] Fehler 1