In Cool Edit Pro 2.0 and above, you can click on the "Vol-EQ-Bus" box in the upper left (just below the toggle to the Edit View), then right click on the in the area at the left end of the track where it shows "Eq/A-Vol-Pan" and a parametric EQ will pop up. Push the buttons left, right, up & down until you like what you hear. It's very easy to use: I showed a beginner how to EQ a Boudhran drum track on one of her songs and she had what she wanted in a few minutes of mousing.