Suggestions for improving gcc 3.2 compilation speed?

[Anna Fowles-Winkler]

Hi,

I've been running gcc 2.95.3 on a 1Ghz/512MB RAM PC running RedHat 7.2. 
 It takes 20 minutes to compile my application, so I recently got a new 
computer to reduce the time I wait for compiles.  This new computer is a 
2.8 Ghz CPU/1GB RAM running RedHat 8.0.  Since RedHat 8.0 comes with gcc 
3.2 I figured I'd give it a try.  It takes 20 minutes to compile my 
application. (!!!)

I'm a little frustrated that the compilation speed is so slow with gcc 
3.2, especially since this is a commercial application (i.e., this is my 
job).  Is there anything I can do to improve the compilation speed? 
 Will newer gcc releases be as fast as gcc 2.95.3 (or faster)?  Or is my 
best bet to stick with 2.95.3?

Thanks in advance,
Anna