PHP related question

I have a .php inlcude that is blowing out my template from left to right. Below is a sample of the code.

Code:

<td width="71%" height="444" valign="top"><table width="100%" height="2%" border="0" align="center" cellpadding="0" cellspacing="0" class="text">
<tr>
<td colspan="10"><div align="left"><font color="#000000"><b>
<? include 'mysecret.php'; ?>
<? include 'also_my_secret.php'; ?>
</b></font></div></td>
</tr>
<tr>
<td height="14"><div align="justify"></div></td>
</tr>

Here is the code that is blowing out the template

php Code
:

<?
$URL = "http://www.myotherwebsite.com/testing.html";
$FILE = fopen("$URL", "r");
$r = "";
do {
$DATA = fread($FILE, 8192);
if (strlen($DATA) == 0) {
break;
}
$r .= $DATA;
} while (true);
$START = '<TD bgcolor="#F7F7EC" colspan="10"align="center"><b>Closed Term</b></td>';
$END = '<br>Random info<br>';
$STUFF = eregi("$START(.*)$END", $r, $CONTENT);
$REP1 = eregi_replace("\r", "", $CONTENT[1]);
$REP2 = eregi_replace(' bgcolor="#CCCC99"', "", $REP1);
$REP3 = eregi_replace('<TD class="bodytext" bgcolor="#F7F7EC" colspan="10" align="center">', '</TABLE>', $REP2);
$REP4 = eregi_replace(' bgcolor="#F7F7EC"', "", $REP3);
$REP5 = eregi_replace(' BGCOLOR="CCCC99"', "", $REP4);
$REP6 = eregi_replace("\n\n", "", $REP5);
$REP7 = eregi_replace(' bgcolor="F7F7EC"', "", $REP6);
fclose($FILE);
echo $REP7;

//$OUT = fopen("index.html", "w");
//fwrite($OUT, $REP6);
//fclose($OUT);

?>

Any ideas. In the old template is displayed fine.