I've been using single-quoted strings in the assembler interchangeably with 
double-quoted strings
only because I couldn't find an easier way to say:

    set S0, 'Dan said, "UGH!"'

Unless I used \ sequences for the double-quotes.

Personally, I'm in favor of keeping ' and " functionally equivalent in the 
assembler -- just delimiters.  Building too much smarts in the assembler 
(What'll we do with `` ?) is misdirected effort...

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