Combine eggs and water in a shallow bowl. Dip eggplant slices into egg mixture. Arrange slices in a single layer on a greased baking sheet; bake at 350 for 25 minutes or until golden. Set aside.
Mix bread crumbs and 1/2 cup Parmesan cheese; set aside.
Spread small amount of sauce in an ungreased 13"x9" baking pan; layer half the eggplant, one cup sauce and one cup crumb mixture. Repeat layers.
Cover and bake for 45 minutes. Uncover, sprinkle with mozzarella cheese and remaining Parmesan cheese.