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)

                    EDO CORP
                (Name of Issuer)


                 COMMON STOCK
        (Title of Class of Securities)

                  281347104
                (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

              October 2, 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. 281347104


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

19,238 corporate bonds ($19,238,000 face value)
convertible into 874,463.290 shares of common stock

6. Shared Voting Power	0

7. Sole Dispositive Power

19,238 corporate bonds ($19,238,000 face value)
convertible into 874,463.290 shares of common stock

8. Shared Dispositive Power		0

9. Aggregate Amount Beneficially Owned by Each Reporting
Person

19,238 corporate bonds ($19,238,000 face value)
convertible into 874,463.290 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
5.56%

12. Type of Reporting Person (See Instructions) CO



CUSIP No. 281347104

Item 1:	Security and Issuer

1(a) 	Name of Issuer

Edo Corp.

1(b)	Address of Issuer's Principal Executive Offices

60 East 42nd Street
Suite 5010
New York, New York 10165
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

281347104



CUSIP No. 281347104


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:

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

As of October 8, 2001 an aggregate of 19,238 corporate
bonds ($19,238,000 face value) convertible into
874,463.290 shares of 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

5.56%

(The percentage was calculated by dividing 874,463.290
shares of common stock by 15,710,463.29 (which represents
the sum of 14,836,000 (shares outstanding based on the
latest information provided by the Bloomberg ) and the
shares of common stock that would be held upon conversion
of the corporate bonds)).


CUSIP No. 281347104

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

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

19,238 corporate bonds ($19,238,000 face value) convertible
into 874,463.290 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

19,238 corporate bonds ($19,238,000 face value) convertible
into 874,463.290 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 ceased to 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 a five percent interest in
the security and has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from
the sale of, such security.


CUSIP No. 281347104


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 or 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:	October 9, 2001


/Howard I. Fischer/
Signature

Howard I. Fischer
President