diff -r 04772aca657c -r 1ff2c6f15a6a src/cpu/o3/iew_impl.hh
--- a/src/cpu/o3/iew_impl.hh	Mon Dec 06 16:05:36 2010 -0800
+++ b/src/cpu/o3/iew_impl.hh	Mon Dec 06 16:08:05 2010 -0800
@@ -1293,11 +1293,17 @@
         // instruction first, so the branch resolution order will be correct.
         ThreadID tid = inst->threadNumber;
 
-        if (!fetchRedirect[tid] ||
-            !toCommit->squash[tid] ||
-            toCommit->squashedSeqNum[tid] > inst->seqNum) {
+        // Prevent testing for misprediction on non-speculative, load instructions,
+        // that have not been executed.
+        bool nonSpecNotExecuted = (inst->isNonSpeculative()
+                                   && !inst->isExecuted()
+                                   && inst->isLoad());
 
-            if (inst->mispredicted()) {
+        if ((!fetchRedirect[tid] ||
+             !toCommit->squash[tid] ||
+             toCommit->squashedSeqNum[tid] > inst->seqNum)) {
+
+            if (inst->mispredicted() && !nonSpecNotExecuted) {
                 fetchRedirect[tid] = true;
 
                 DPRINTF(IEW, "Execute: Branch mispredict detected.\n");