bash variable don't substitute. Why ?

Thu Mar 8 03:07:00 GMT 2001

 Hi !

 I have installed the lattest version of cygwin. But my $vars dont
substitute :(

-TEST----------------------------------------------
$ cat t.bat
echo $PATH
ls $1 -l

$ ./t.bat /home

C:\cygwin\home\coreto03>echo $PATH
                                  ls $1 -l

$PATH
     ls $1 -l

coreto03@CORETO03 ~
-----------------------------------------------------

 Help !!!

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