This sounds like trace scheduling, where the compiler uses information
about the likelihood of the direction of branches to optimize use
of pipelines, parallelism (e.g. in a microcoded machine), and perhaps
other performance enhancers. John Fisher, who was at Yale until a
couple years ago, wrote a trace scheduling compiler for VLIW machines
(Very Long Instruction Word - i.e. parallel machines controlled with
lots of bits, such as horizontally microprogrammed machines). He wrote
a book on it called something like "Bulldog - a Trace Scheduling
Compiler for VLIW Machines," which is published by MIT Press. There
are also Yale technical reports on the work. I've also seen a
reference to trace scheduling in VLSI design. I don't remember the
book, but I'm almost certain that it is a Springer-Verlag monograph,
and that it has an introduction Edsger Dijkstra (sp?). Or maybe the
intro was by Hoare. Anyway, it was somebody famous for being very
insistant about formality. I think it was Dijkstra, and I think the
work was done in a Northern European country, which would fit. How's
that for free association?
Have fun,
Ed Segall