You need to know what projection/coordinate system the e00 file was created from, and what your project's projection/coordinate system are. If you know that:
- Create a drawing and set the coordinate system to match the e00.
- Import the e00, save and close that drawing.
- Open your project drawing.
- Attach (Map command) the e00 import drawing.
- Import the e00 using a Map Query.
- The FEMA info should be where it belongs.
The coordinate system/projection info is KEY here!! If these aren't set properly, you'll get all sorts of unexpected placement.