LinuxQuestions.org - A doubt in gcc

Hello
I am using redhat linux 8.0 which has got gcc 3.2
i have to compile u-boot for cogent csb226 which uses an xscale processor (armv5 core). so i downloaded arm-linux-gcc 2.95.3 which is a stable version

but when i am compiling u-boot i am getting some errors.. i have a doubt that its related to the different versions of gcc (since host gcc and crosscompile gcc are of different versions)... is it right.. and if so how to correct it? please explain in detail...