Hmmm. That sure seems strange to me. The latest version of the assembler also emits no errors or warnings. I'm starting to think that is by design because I couldn't find an error that described that kind of a problem.

The manual does state that "The ORG directive changes the location counter but does not produce a new segment."

The linker is what warns about overlapping segments (and that doesn't happen since there is only 1 segment in the example).

If, within the same segment, you use ORG to overlap stuff it appears that the data after the last ORG statement is what's used.

Anyway, I'm going to break out the old Intel ASM-51 Assembler to see what it does. I'll post results here.

Jon