L'errore si trova nella seconda riga:

(Parse error: syntax error, unexpected T_ENCAPSED_AND_WHITESPACE, expecting T_STRING or T_VARIABLE or T_NUM_STRING in C:\Program Files\EASYPHP\www\home.php on line 69)

Codice PHP:
$TAB ="<DIV ID='BOX7' CLASS='CENTRO2 + TESTO + C1 + CB2' ALIGN='JUSTIFY'>
$_SESSION['NOME'].$_SESSION['COGNOME'].$TEXT
</DIV>"

Posto tutto:
Codice PHP:
<?PHP
                        
            
IF (ISSET($_POST['HOME'])) {
            } ELSE {
                INCLUDE 
'cycle.php';
            }
            
            INCLUDE 
'connection.php';        
            
            IF (ISSET(
$_POST['COMMENT'])) {
                
$TEXT $_POST['COMMENT'];
                
                IF (
$TEXT!='') {
                
                    
mysql_connect('localhost','root','') OR DIE ('NO CONNECT!');                
                    
mysql_select_db('noteit') OR DIE ('NO DB!');
                    
                    
$DATE = (DATE('d-m-Y'));
                    
$TIME = (DATE('G:i:s'));
                    
                    
$RESULT mysql_query("SELECT ID, NOME, COGNOME FROM utenti WHERE EMAIL='" .$_SESSION['EMAIL']. "' AND CODE='" .$_SESSION['CODE']. "'");
                                        
                        WHILE (
$ROW1 mysql_fetch_array($RESULT)) { 
                            
$_SESSION['ID'] = $ROW1['ID']; 
                            
$_SESSION['NOME'] = $ROW1['NOME']; 
                            
$_SESSION['COGNOME'] = $ROW1['COGNOME']; 
                        }
                    
                    
$INSERT mysql_query("INSERT INTO home VALUES ('','".$_SESSION['NOME']."','".$_SESSION['COGNOME']."','$DATE','$TIME','$TEXT')");
                
                        WHILE (
$ROW2 mysql_fetch_array($RESULT)) {
                            
$_SESSION['NOME'] = $ROW2['NOME'];
                            
$_SESSION['COGNOME'] = $ROW2['COGNOME'];
                        }
                
                } ELSE {
                    
                }
                
            } ELSE {
                
$TEXT NULL;
            }
            
            
$TAB ="<DIV ID='BOX7' CLASS='CENTRO2 + TESTO + C1 + CB2' ALIGN='JUSTIFY'>
                                       
$_SESSION['NOME'].$_SESSION['COGNOME'].$TEXT
                                </DIV>"
;
                        
        
?>