10g quote syntax, highlighting bug?

The 10g quote syntax doen't seem to be supported, e.g:

Code:
BEGIN
   dbms_output.put_line( q'~William's quote~' );
END;
This runs fine, but the editor doesn't track the highlighting correctly (it thinks the quote ends after 'William' and another one starts after 'quote~').

I'm using version 7.1.1.1339. Is this expected behaviour?
 
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