Binding Directory doesn't include all modules?

I've just read through the 2001 thread "Binding Directories", and I think 
I understand how binding directories should work. 

Here's my issue,

I have 2 modules, Mod1, Mod2 and want to bind them together using a 
binding directory.  Mod1 has the BNDDIR(Library/Pgm1) in the H spec.  Then 
I've created a binding directory called Pgm1, and added entries of Mod1 
and Mod2.

When I do a CRTPGM PGM(LIB/Pgm1)        MODULE(LIB/Mod1), I get a program 
with just Mod1 in it.  However, I was thinking that because of my H spec 
with the binding directory, I would get a program with Mod1 & Mod2 in it.

Of, course, I could do a CRTPGM PGM(LIB/Pgm1) MODULE(lib/Mod1 lib/Mod2), 
and get a program with both modules in it, but I wanted to use the BNDDIR 
H spec keyword.

There are no service programs involved here.  Am I missing something?

Thanks

Jeff Stevens
Mize, Houser & Co. P.A.
913 451 1882
JStevens@xxxxxxxxxxxxxx