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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001125842-01-500010.txt : 20010501
<SEC-HEADER>0001125842-01-500010.hdr.sgml : 20010501
ACCESSION NUMBER:		0001125842-01-500010
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20010430

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EMCOR GROUP INC
		CENTRAL INDEX KEY:			0000105634
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRICAL WORK [1731]
		IRS NUMBER:				112125338
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		
		SEC FILE NUMBER:	005-12871
		FILM NUMBER:		1616608

	BUSINESS ADDRESS:	
		STREET 1:		101 MERRITT SEVEN CORPORATE PK
		STREET 2:		7TH FLOOR
		CITY:			NORWALK
		STATE:			CT
		ZIP:			06851
		BUSINESS PHONE:		2038497800

	MAIL ADDRESS:	
		STREET 1:		101 MERRITT SEVEN CORPORATE PARK
		STREET 2:		7TH FLOOR
		CITY:			NORWALK
		STATE:			CT
		ZIP:			06851

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	JWP INC/DE/
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	JAMAICA WATER PROPERTIES INC
		DATE OF NAME CHANGE:	19860518

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WELSBACH CORP
		DATE OF NAME CHANGE:	19761119

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BASSO SECURITIES LTD
		CENTRAL INDEX KEY:			0001125842
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		IRS NUMBER:				614038051
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		1281 EAST MAIN ST
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06902
		BUSINESS PHONE:		2033248420

	MAIL ADDRESS:	
		STREET 1:		1281 EAST MAIN ST
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06902
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>emcor.txt
<TEXT>

               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)

              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-

       Ricardo W. Davidovich, Esq.
Tannenbaum Helpern Syracuse & Hirschtritt
      900 Third Avenue - 13th Floor
          New York, NY  10022

              April 17, 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.




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 Beneficially Owned by Each Reporting
Person With:

5. Sole Voting Power

19,668,000 principal amount of corporate bonds
convertible into 719,384.6 shares of common stock

6. Shared Voting Power	0

7. Sole Dispositive Power

19,668,000 principal amount of corporate bonds
convertible into 719,384.6 shares of common stock

8. Shared Dispositive Power	0

9. Aggregate Amount Beneficially Owned by Each
Reporting Person

19,668,000 principal amount of  corporate bonds
convertible into 719,384.6 shares of common stock

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

11. Percent of Class Represented by Amount in Row 9

6.4%

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,
b. Insurance Company as defined in Section 3(a)(19)
of the Act,
c. 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

As of April 17, 2001, an aggregate of 719,384.6 shares
of common stock (19,668,000 principal amount of
corporate bonds convertible into shares of the common
stock) were beneficially owned by Basso Securities Ltd.,
as an advisor (portfolio manager) to certain funds
managed by DKR Management Company Inc.(DKRMCI). Basso
Securities Ltd. disclaims beneficial ownership of the
holdings reported herein.

4(b)	Percent of Class

6.4%

(The percentage was calculated by dividing 719,384.6
shares of common stock (representing the number of
shares of common stock that would be held by Basso
Securities Ltd. upon conversion of the corporate bonds)
by 11,232,384.64 (which represents the sum of
10,513,000 (outstanding based on the latest information
provided by Bloomberg) and 719,384.6).




CUSIP No. 29084Q100


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

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

19,668,000 principal amount of corporate bonds
convertible into 719,384.6 shares of common stock


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

0

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

19,668,000 principal amount of corporate bonds
convertible into 719,384.6 shares of common stock

(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
ceasedto be the beneficial owner of more than five
percent of the class of securities, check the
following

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

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

Basso Securities Ltd. has entered into an Advisory
Services Agreement with DKR Management Company Inc.
(DKRMCI), a registered investment adviser, to act as
the portfolio manager to certain funds managed by
DKRMCI. As such, DKRMCI, the investment advisor to the
funds managed by Basso Securities Ltd., has more than
five percent interest in the securities and has the
right toreceive or the power to direct the receipt of
dividends from, or the proceeds from the sale of,
such security.


CUSIP No. 29084Q100

Item 7: 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:	April 27, 2001


/s/ Howard I. Fischer
Signature

Howard I. Fischer
President




</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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