ubuntu terminal directory

[eric.chadbourne-Re5JQEeQqe8AvxtiuMwx3w at public.gmane.org (Eric Chadbourne)]

hi.

in ubuntu gnome terminal it shows your current directory.  this annoys 
me.  why take up 3/4 of the first line with my path.  i already know 
where i am...  i just want a dollar or pound.  i've poked around the 
profile config but don't see how to change this.  anybody know?

eric at littledragon:/media/My Passport/music/RipdCDs/Led Zeppelin/III$

_yuck_

eric at littledragon$

_much nicer_

thanks for any tips,
eric c.