diff --git a/parse.y b/parse.y

--- a/parse.y

+++ b/parse.y

@@ -4011,11 +4011,13 @@ eof_error:

 		  tflags |= LEX_RESWDOK;

 		  lex_rwlen = 0;

 		}

-	       else

+	       else if (shellmeta (ch) == 0)

 		{

 		  tflags &= ~LEX_RESWDOK;

 /*itrace("parse_comsub:%d: found `%.4s', lex_reswdok -> 0", line_number, ret+retind-4);*/

 		}

+	      else	/* can't be in a reserved word any more */

+	        lex_rwlen = 0;

 	    }

 	  else if MBTEST((tflags & LEX_CKCOMMENT) && ch == '#' && (lex_rwlen == 0 || ((tflags & LEX_INWORD) && lex_wlen == 0)))

 	    ;	/* don't modify LEX_RESWDOK if we're starting a comment */