UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
           WASHINGTON, DC 20549
             SCHEDULE 13G

  INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13d-1(b)(c)AND (d) AND AMENDMENTS
     THERETO FILED PURSUANT TO RULE 13d-2(b)
              (Amendment No. 1)

             EMCOR GROUP INC.
            (Name of Issuer)


              COMMON STOCK
     (Title of Class of Securities)

               29084Q100
            (CUSIP Number)

         Basso Securities Ltd.
         1281 East Main Street
      Stamford, Connecticut 06902
            (203) 324-8400

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

            -with copies to-

           Stephen M. Schultz
     Kleinberg Kaplan Wolff & Cohen, P.C.
       551 Fifth Avenue - 18th Floor
          New York, NY  10176

            December 31, 2001
(Date of Event Which Requires Filing of this Statement)



Check the following box to designate the rule pursuant to
which this Schedule is filed:

Rule 13d-1(b)
X Rule 13d-1(c)
Rule 13d-1(d)

The information required in the remainder of this cover
page shall be deemed to be "filed" for the purpose of
Section 18 of  the Securities Exchange Act of 1934
("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other
provisions of the Act .










CUSIP No. 29084Q100


1. Name of Reporting Person I.R.S. Identification Nos.
of Above Persons (entities only)

 Basso Securities Ltd.

2. Check the Appropriate Box If A Member Of A Group (See
Instructions)

(a)
(b)

3. SEC Use Only

4. Citizen Or Place Of Organization:  Delaware

Number of Shares
5. Sole Voting Power  			0

Beneficially Owned by
6. Shared Voting Power			0


Each Reporting
7. Sole Dispositive Power  		0

Person With:
8. Shared Dispositive Power		0

9. Aggregate Amount Beneficially Owned by Each Reporting
Person
0

10. Check if the Aggregate Amount in Row (9) Excludes
Certain Shares
(See Instruction)

11. Percent of Class Represented by Amount in Row 9
0 %

12. Type of Reporting Person (See Instructions)
CO













CUSIP No. 29084Q100

Item 1:	Security and Issuer

1(a) 	Name of Issuer
EMCOR Group Inc.

1(b)	Address of Issuer's Principal Executive Offices
101 Merritt Seven Corp Park
Norwalk, Connecticut 06851-1060
United States

Item 2:	Identity and Background

2(a)	Name of person Filing:
Basso Securities Ltd.

2(b)	Address of Principal Business Office or, if none,
Residence:

The address of the reporting person is:
1281 East Main Street
Stamford, CT 06902

2(c)	Citizenship/ Corporation organized
Delaware, USA

2(d)	Title of Class of Security
Common Stock

2(e)	Cusip Number
29084Q100


Item 3: If this statement is filed pursuant to
Rule 13d-1(b) or 13d-2(b) or 13d-2(c) promulgated
under the Securities Exchange Act of 1934, check whether
the filing is a:


















CUSIP No. 29084Q100

a. Broker or Dealer registered under Section 15 of the Act,
b. Bank as defined in Section 3(a)(6) of the Act,
c. Insurance Company as defined in Section 3(a)(19) of the
Act,
d. Investment Company registered under Section 8 of the
Investment Company Act,
e. Investment Adviser in accordance with Rule 13d-
1(b)(1)(ii)(E),
f. Employee Benefit Plan, or Endowment Fund in accordance
with Rule 13d-1(b)(ii)(F),
g. Parent Holding Company or Control Person, in accordance
with Rule 13d-1(b)(ii)(G); (Note: see Item 7)
h. A saving association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813)
i. A church plan that is excluded form the definition of an
investment company under section 3(c)(14) of the
Investment Company Act of 1940;
j. Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4:	Ownership

4(a)	Amount Beneficially Owned
 None

4(b)	Percent of Class
0 %

4(c) 	Number of shares as to which the person has

(i) Sole Power to vote or to direct the vote
0

(ii) Shared power to vote or to direct the vote
0

(iii) Sole power to dispose or to direct the disposition
of
0

(iv) Shared power to dispose or to direct the disposition
of
0

Instruction:
For computation regarding securities which represent a
right to acquire an underlying security see Rule 13d-3(d)(1).









Item 5:	Ownership of Five Percent or less of a Class

If this statement is being filed to report the fact that
as of the date hereof the reporting person has ceased
to be the beneficial owner of more than five percent of
the class of securities, check the following 	X

Instruction: Dissolution of a group requires a response
to this item.

Item 6:  	Ownership of More than Five percent on Behalf
of Another Person.

Not Applicable


CUSIP No. 29084Q100


Item 7: 	Identification and Classification of the
Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company.

If a parent holding company has filed this schedule,
pursuant to Rule 13d-1(b)(ii)(G), so indicate under
Item 3(g) and attach an exhibit stating the identity and
the Item 3 classification of the relevant subsidiary. If
a parent holding company has filed this schedule pursuant
to Rule 13d-1(c), attach an exhibit stating the identity
of each member of the group.

Not Applicable


Item 8:	Identification and Classification of Members of
the Group.

If a group his filed this schedule pursuant to
Rule 13d-1(b)(ii)(H), so indicate under item 3(h) and
attach an exhibit stating the identity and Item 3
classification of each member of the group.  If a group
has filed this schedule pursuant to Rule 13d-1(c), attach
an exhibit stating the identity of each member of the group.

Not Applicable

Item 9:	Notice of Dissolution of Group

Notice of dissolution of a group may be furnished as an
exhibit stating the date of the dissolution and that all
further filings with respect to transactions in the
security reported on will be filed, if required, by members
of he group, in their individual capacity.  See item 5.

Not Applicable




Item 10:	Certification

By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the
effect of changing influencing the control of the issuer
of the securities and were not acquired and are not held
in connection with or as a participant in any transaction
having that purpose or effect.

Signature

After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.

Date:	February 14, 2002


____________________________
Signature

Howard I. Fischer
President