All-
Thanks for your responses and suggetions. After reading all of your thoughts I suspect the only thing that could be wrong is a dull blade. As I have just recently spent an entire Saturday adjusting and aligning my saw, including installing a new set of flex belts. The blade was clean and I thought it was sharp, and the stock was four square. This was the first cut that I had a problem. So I guess it's off to the sharpener.