Interactive search on the command line?

[Dominik Vogt <vogt@xxxxxxxxxxxxxxxxxx>]

Is there a way to do an interactive search (or at least a
non-interactive string search) in the command line editor?  I
often have extremely long gcc command lines where I want to delete
an option or do some editing in the middle of the command line,
and moving the cursor to the interesting spot is quite tedious.

Ciao

Dominik ^_^  ^_^

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Dominik Vogt
IBM Germany