Hi Tom,
The watermark is being stored in the header/footer layer.
If the headers do not appear in print preview then the
watermark may be covering the text in your header if that
header extends into the text area, but you may want to
check that in print layout view that you haven't clicked
between page images to closeup the gap as that will hide
the header/footer display as well.
=========
When I add a text watermark to a report, my headers
disappear. Any ideas? >>
--
I hope this helps you,
Bob Buckland ?
MS Office System Products MVP
*Courtesy is not expensive and can pay big dividends*