In that case I hesitate to guess what the problem might be. I don't have
reader installed here, but I do have Acrobat 8 and that retains workable
hyperlinks to web pages both with and without display texts when selected
from the Adobe plug-in from Word.
Just for fun I also created a sample PDF with PrimoPDF which creates
workable links provided they don't have display texts that are not the links
themselves.
I also used Word 2007 and the Microsoft PDF plug-in. That too creates
workable hyperlinks with or without display texts, provided you set the ISO
19005-1 compliance check box.
Try Word tools > options > general > web options > files > uncheck 'update
links on save'.
If that doesn't fix it, it would appear to be an Acrobat issue. Ask in the
Adobe forum.
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Graham Mayor - Word MVP
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