[AT&T Samsung Galaxy S II Skyrocket SGH-I727] vincom:
is there a piggy file in that directory

try my make file located in

\kernel\samsung\msm8660-common\arch\arm\boot\compressed folder(where the piggy file is), just rename the makefile you have there, and make a new makefile with my code below, and see what happens

edit: make a copy of your makefile and then replace my code to what you have in yours

#
# linux/arch/arm/boot/compressed/Makefile
#
# create a compressed vmlinuz image from the original vmlinux
#

OBJS	=

# Ensure that mmcif loader code appears early in the image
# to minimise that number of bocks that have to be read in
# order to load it.
ifeq ($(CONFIG_ZBOOT_ROM_MMCIF),y)
ifeq ($(CONFIG_ARCH_SH7372),y)
OBJS	+= mmcif-sh7372.o
endif
endif

AFLAGS_head.o += -DTEXT_OFFSET=$(TEXT_OFFSET)
HEAD	= head.o
OBJS	+= misc.o decompress.o
FONTC	= $(srctree)/drivers/video/console/font_acorn_8x8.c

# string library code (-Os is enforced to keep it much smaller)
OBJS	+= string.o
CFLAGS_string.o	:= -Os

#
# Architecture dependencies
#
ifeq ($(CONFIG_ARCH_ACORN),y)
OBJS	+= ll_char_wr.o font.o
endif

ifeq ($(CONFIG_ARCH_SHARK),y)
OBJS	+= head-shark.o ofw-shark.o
endif

ifeq ($(CONFIG_ARCH_P720T),y)
# Borrow this code from SA1100
OBJS	+= head-sa1100.o
endif

ifeq ($(CONFIG_ARCH_SA1100),y)
OBJS	+= head-sa1100.o
endif

ifeq ($(CONFIG_ARCH_VT8500),y)
OBJS	+= head-vt8500.o
endif

ifeq ($(CONFIG_CPU_XSCALE),y)
OBJS	+= head-xscale.o
endif

ifeq ($(CONFIG_PXA_SHARPSL_DETECT_MACH_ID),y)
OBJS	+= head-sharpsl.o
endif

ifeq ($(CONFIG_CPU_ENDIAN_BE32),y)
ifeq ($(CONFIG_CPU_CP15),y)
OBJS	+= big-endian.o
else
# The endian should be set by h/w design.
endif
endif

ifeq ($(CONFIG_ARCH_SHMOBILE),y)
OBJS	+= head-shmobile.o
endif

#
# We now have a PIC decompressor implementation. Decompressors running
# from RAM should not define ZTEXTADDR. Decompressors running directly
# from ROM or Flash must define ZTEXTADDR (preferably via the config)
# FIXME: Previous assignment to ztextaddr-y is lost here. See SHARK
ifeq ($(CONFIG_ZBOOT_ROM),y)
ZTEXTADDR	:= $(CONFIG_ZBOOT_ROM_TEXT)
ZBSSADDR	:= $(CONFIG_ZBOOT_ROM_BSS)
else
ZTEXTADDR	:= 0
ZBSSADDR	:= ALIGN(8)
endif

SEDFLAGS	= s/TEXT_START/$(ZTEXTADDR)/;s/BSS_START/$(ZBSSADDR)/

suffix_$(CONFIG_KERNEL_GZIP) = gzip
suffix_$(CONFIG_KERNEL_LZO) = lzo
suffix_$(CONFIG_KERNEL_LZMA) = lzma

# Borrowed libfdt files for the ATAG compatibility mode

libfdt	:= fdt_rw.c fdt_ro.c fdt_wip.c fdt.c
libfdt_hdrs	:= fdt.h libfdt.h libfdt_internal.h

libfdt_objs	:= $(addsuffix .o, $(basename $(libfdt)))

$(addprefix $(obj)/,$(libfdt) $(libfdt_hdrs)): $(obj)/%: $(srctree)/scripts/dtc/libfdt/%
$(call cmd,shipped)

$(addprefix $(obj)/,$(libfdt_objs) atags_to_fdt.o): \
$(addprefix $(obj)/,$(libfdt_hdrs))

ifeq ($(CONFIG_ARM_ATAG_DTB_COMPAT),y)
OBJS	+= $(libfdt_objs) atags_to_fdt.o
endif

targets := vmlinux vmlinux.lds \
piggy.$(suffix_y) piggy.$(suffix_y).o \
lib1funcs.o lib1funcs.S font.o font.c head.o misc.o $(OBJS)

# Make sure files are removed during clean
extra-y += piggy.gzip piggy.lzo piggy.lzma lib1funcs.S $(libfdt) $(libfdt_hdrs)

ifeq ($(CONFIG_FUNCTION_TRACER),y)
ORIG_CFLAGS := $(KBUILD_CFLAGS)
KBUILD_CFLAGS = $(subst -pg, , $(ORIG_CFLAGS))
endif

ccflags-y := -fpic -fno-builtin -I$(obj)
asflags-y := -Wa,-march=all

# Supply kernel BSS size to the decompressor via a linker symbol.
SIZEBIN := $(if $(shell which $(CROSS_COMPILE)size),$(CROSS_COMPILE)size,size)
KBSS_SZ = $(shell $(SIZEBIN) $(obj)/../../../../vmlinux | awk 'END{print $$3}')
LDFLAGS_vmlinux = --defsym _kernel_bss_size=$(KBSS_SZ)
# Supply ZRELADDR to the decompressor via a linker symbol.
ifneq ($(CONFIG_AUTO_ZRELADDR),y)
LDFLAGS_vmlinux += --defsym zreladdr=$(ZRELADDR)
endif
ifeq ($(CONFIG_CPU_ENDIAN_BE8),y)
LDFLAGS_vmlinux += --be8
endif
# ?
LDFLAGS_vmlinux += -p
# Report unresolved symbol references
LDFLAGS_vmlinux += --no-undefined
# Delete all temporary local symbols
LDFLAGS_vmlinux += -X
# Next argument is a linker script
LDFLAGS_vmlinux += -T

# For __aeabi_uidivmod
lib1funcs = $(obj)/lib1funcs.o

$(obj)/lib1funcs.S: $(srctree)/arch/$(SRCARCH)/lib/lib1funcs.S
$(call cmd,shipped)

# We need to prevent any GOTOFF relocs being used with references
# to symbols in the .bss section since we cannot relocate them
# independently from the rest at run time. This can be achieved by
# ensuring that no private .bss symbols exist, as global symbols
# always have a GOT entry which is what we need.
# The .data section is already discarded by the linker script so no need
# to bother about it here.
check_for_bad_syms = \
bad_syms=$$($(CROSS_COMPILE)nm $@ | sed -n 's/^.\{8\} [bc] \(.*\)/\1/p') && \
[ -z "$$bad_syms" ] || \
( echo "following symbols must have non local/private scope:" >&2; \
echo "$$bad_syms" >&2; rm -f $@; false )

$(obj)/vmlinux: $(obj)/vmlinux.lds $(obj)/$(HEAD) $(obj)/piggy.$(suffix_y).o \
$(addprefix $(obj)/, $(OBJS)) $(lib1funcs) FORCE
$(call if_changed,ld)
@$(check_for_bad_syms)

$(obj)/piggy.$(suffix_y): $(obj)/../Image FORCE
$(call if_changed,$(suffix_y))

$(obj)/piggy.$(suffix_y).o: $(obj)/piggy.$(suffix_y) FORCE

CFLAGS_font.o := -Dstatic=

$(obj)/font.c: $(FONTC)
$(call cmd,shipped)

$(obj)/vmlinux.lds: $(obj)/vmlinux.lds.in arch/arm/boot/Makefile $(KCONFIG_CONFIG)
@sed "$(SEDFLAGS)" < $< > $@