Hello Yiping,
I tried again and I am still getting the error.
I couldn't figure out how to attach the file here. This is why I am copy pasting it.
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DEBUG: SITE files ['endian-big', 'bit-32', 'powerpc-common', 'common-linux', 'common-glibc', 'powerpc32-linux', 'powerpc-linux', 'common']
DEBUG: Executing shell function do_install
NOTE: make -j 12 DESTDIR=/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image install
install -d -m 0755 "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/share/doc/qemu"
install -d -m 0755 "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/share/qemu"
install -d -m 0755 "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/etc/qemu"
install -c -m 0644 /home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/git/sysconfigs/target/target-x86_64.conf "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/etc/qemu"
install -c -m 0644 qemu-doc.html qemu-tech.html "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/share/doc/qemu"
install -c -m 0644 QMP/qmp-commands.txt "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/share/doc/qemu"
install -d -m 0755 "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/share/man/man1"
install -c -m 0644 qemu.1 qemu-img.1 "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/share/man/man1"
install -d -m 0755 "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/share/man/man8"
install -c -m 0644 qemu-nbd.8 "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/share/man/man8"
install -d -m 0755 "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/share/man/man1"
install -c -m 0644 fsdev/virtfs-proxy-helper.1 "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/share/man/man1"
install -d -m 0755 "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/bin"
powerpc-fsl_networking-linux-libtool --quiet --mode=install install -c -m 0755 qemu-ga qemu-nbd qemu-img qemu-io fsdev/virtfs-proxy-helper "/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/image/usr/bin"
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 1661: preserve_args+= --quiet: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: install_prog+=install: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: install_prog+= -c: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: install_shared_prog+= -c: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: install_prog+= -m: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: install_shared_prog+= -m: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: install_prog+= 0755: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: install_shared_prog+= 0755: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: files+= qemu-ga: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: files+= qemu-nbd: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: files+= qemu-img: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: files+= qemu-io: not found
/home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/sysroots/p4080ds/usr/bin/crossscripts/powerpc-fsl_networking-linux-libtool: 3677: files+= fsdev/virtfs-proxy-helper: not found
powerpc-fsl_networking-linux-libtool: install: you must specify an install program
powerpc-fsl_networking-linux-libtool: install: Try `powerpc-fsl_networking-linux-libtool --help --mode=install' for more information.
make: *** [install] Error 1
ERROR: oe_runmake failed
ERROR: Function failed: do_install (see /home/lahar/QorIQ-SDK-V1.4-20130625-yocto/build_p4080ds_release/tmp/work/ppce500mc-fsl_networking-linux/qemu/1.4+fsl-r0/temp/log.do_install.1990 for further information)
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Thank you very much for your help!