Josh,

Interesting...thanks for the examples.
http://www.illusproj.pagebooks.net/page4.html is working as I would expect
with a Pub 2000 web page and http://www.wiese.pagebooks.net/ is not. I say
this because on page4 the text that contains the Seven Little Rabbits link
has been converted to an image: http://www.illusproj.pagebooks.net/img21.gif 
, but the second page also has had some text converted to an image:
http://www.wiese.pagebooks.net/img2.gif and the links are still active on
the page...hummm. Generally textual links will be killed when converted to
an image. Never the less, if you can find out why the text is being
converted to an image I suspect that you will find your answer. And in case
you don't know this, you can test the text by a left click drag across the
text and try to select it on the web page. You won't be able to select it if
it has been converted to an image.

If you look at the http://www.illusproj.pagebooks.net/page4.html and the
http://www.illusproj.pagebooks.net/img21.gif then you can see that the
Return to Index Page text box is included in the combined image.  Did you
overlap the Return to Index Page text box with the text box that contains
the Seven Little Rabbits? Generally if you overlap design elements in Pub
2000 it will convert those elements to a combined image.  Also you have a
lot of extra empty white space at the bottom of the page. Publisher 2000
truncates a web page after the last design element on the page regardless of
how long the Publisher page is, so the other question is what do you have on
your Pub page below the Return to Index Page text box?

I guess I don't understand what you meant by the hyperlinks not lining up
with the text, but perhaps that is not important. You also didn't describe
how you were inserting the hyperlinks as requested, but perhaps that also
isn't important. Also I don't think that just linking the overflow text to
another text box on the same page should convert the text to an image, but
it might if the text boxes are on two different pages.  What is important is
to discover why the text is being converted to an image. What design
technique are you using that does that? If it involves the text box linking
to each other, then you will need to find an alternative. If it is
overlapping one or more elements, that is a simply matter of moving one of
the elements such that it doesn't overlap. Once again, even though the links
still work on the second page example you provided, they shouldn't and
probably will fail somewhere along the line. Find out what you are doing to
convert the text to an image, and you will find the answer...I think ;-)

If you have an example of the hyperlinks not lining up with the text, please
post a link to that. If you can't figure out what your text is being
converted to an image, post back...sorry I don't have an immediate answer
for you.

DavidF