Hi Aleksey,

open SQL Profiler, start ODBC Log and run this:

con=SQLCONNECT("LocalMSSQL")
IF con>0
	CLEAR 
	CREATE CURSOR foo (f1 M, f2 C(10) DEFAULT f1)

	INSERT INTO foo (f1) VALUES ("ABC\"+CHR(13)+"tesT")
	
	?SQLEXEC(con,"select ?foo.f1 rf1,?foo.f2 rf2")
	?rf1==foo.f1,rf2==foo.f2                    && <==== FAIL
	?SQLEXEC(con,"select ?foo.f2 rf2")
	?rf2==foo.f2                                && <==== SUCCESS !!!!!!!

	SQLDISCONNECT(con)
ENDIF

ODBC Log

vfp8            990-9cc	ENTER SQLBindParameter 
		HSTMT               02311B60
		UWORD                        1 
		SWORD                        1 <SQL_PARAM_INPUT>
		SWORD                        1 <SQL_C_CHAR>
		SWORD                       12 <SQL_VARCHAR>
		SQLULEN                    9
		SWORD                        0 
		PTR                0x00000000
		SQLLEN                     0
		SQLLEN *            0x014F95E8

vfp8            990-9cc	EXIT  SQLBindParameter  with return code 0 (SQL_SUCCESS)
		HSTMT               02311B60
		UWORD                        1 
		SWORD                        1 <SQL_PARAM_INPUT>
		SWORD                        1 <SQL_C_CHAR>
		SWORD                       12 <SQL_VARCHAR>
		SQLULEN                    9
		SWORD                        0 
		PTR                0x00000000
		SQLLEN                     0
		SQLLEN *            0x014F95E8 (-109)

vfp8            990-9cc	ENTER SQLBindParameter 
		HSTMT               02311B60
		UWORD                        2 
		SWORD                        1 <SQL_PARAM_INPUT>
		SWORD                        1 <SQL_C_CHAR>
		SWORD                       12 <SQL_VARCHAR>
		SQLULEN                   10
		SWORD                        0 
		PTR                0x00E903E8
		SQLLEN                     0
		SQLLEN *            0x014F9624

vfp8            990-9cc	EXIT  SQLBindParameter  with return code 0 (SQL_SUCCESS)
		HSTMT               02311B60
		UWORD                        2 
		SWORD                        1 <SQL_PARAM_INPUT>
		SWORD                        1 <SQL_C_CHAR>
		SWORD                       12 <SQL_VARCHAR>
		SQLULEN                   10
		SWORD                        0 
		PTR                0x00E903E8
		SQLLEN                     0
		SQLLEN *            0x014F9624 (10)

vfp8            990-9cc	ENTER SQLExecDirect 
		HSTMT               02311B60
		UCHAR *             0x014E2E60 [      -3] "select ?  rf1,?  rf2\ 0"
		SDWORD                    -3

vfp8            990-9cc	EXIT  SQLExecDirect  with return code 99 (SQL_NEED_DATA)
		HSTMT               02311B60
		UCHAR *             0x014E2E60 [      -3] "select ?  rf1,?  rf2\ 0"
		SDWORD                    -3

vfp8            990-9cc	ENTER SQLParamData 
		HSTMT               02311B60
		PTR *              0x0012F734

vfp8            990-9cc	EXIT  SQLParamData  with return code 99 (SQL_NEED_DATA)
		HSTMT               02311B60
		PTR *              0x0012F734

vfp8            990-9cc	ENTER SQLPutData 
		HSTMT               02311B60
		PTR                0x014FECA0
		SQLLEN                     9

vfp8            990-9cc	EXIT  SQLPutData  with return code 0 (SQL_SUCCESS)
		HSTMT               02311B60
		PTR                0x014FECA0
		SQLLEN                     9

vfp8            990-9cc	ENTER SQLParamData 
		HSTMT               02311B60
		PTR *              0x0012F734

vfp8            990-9cc	EXIT  SQLParamData  with return code 0 (SQL_SUCCESS)
		HSTMT               02311B60
		PTR *              0x0012F734

vfp8            990-9cc	ENTER SQLNumResultCols 
		HSTMT               02311B60
		SWORD *             0x0012F8D0

..SNIP ..

vfp8            990-9cc	ENTER SQLBindParameter 
		HSTMT               02311B60
		UWORD                        1 
		SWORD                        1 <SQL_PARAM_INPUT>
		SWORD                        1 <SQL_C_CHAR>
		SWORD                       12 <SQL_VARCHAR>
		SQLULEN                   10
		SWORD                        0 
		PTR                0x00E90098
		SQLLEN                     0
		SQLLEN *            0x014F95E8

vfp8            990-9cc	EXIT  SQLBindParameter  with return code 0 (SQL_SUCCESS)
		HSTMT               02311B60
		UWORD                        1 
		SWORD                        1 <SQL_PARAM_INPUT>
		SWORD                        1 <SQL_C_CHAR>
		SWORD                       12 <SQL_VARCHAR>
		SQLULEN                   10
		SWORD                        0 
		PTR                0x00E90098
		SQLLEN                     0
		SQLLEN *            0x014F95E8 (10)

vfp8            990-9cc	ENTER SQLExecDirect 
		HSTMT               02311B60
		UCHAR *             0x00E903E8 [      -3] "select ?  rf2\ 0"
		SDWORD                    -3

vfp8            990-9cc	EXIT  SQLExecDirect  with return code 0 (SQL_SUCCESS)
		HSTMT               02311B60
		UCHAR *             0x00E903E8 [      -3] "select ?  rf2\ 0"
		SDWORD                    -3

..SNIP..

Of course, I do not have to explain to you what he is obvious.
Call MS SQL Team.

Thanks
Fabio