When you design your newsletter as a Word document, the only way you can be
reasonably sure it will get to the other end in the layout you intended,
just using merge to e-mail, is to use the "e-mail as attachment" option when
you merge. However, that means your recipients must have Word, or the free
Word reader, or something else that can read Word documents.

If you e-merge to HTML, many things that you /can/ include in a Word
document may not appear correctly at the other end. It may be helpful to
save your Word document as an HTML document to try to discover what layout
is lost when you try to open the document as an HTML pag, but I suspect that
is probably not a very easy way to work in Word.

I don't distribute newsletters, but if I were doing it I would probably try
either to
a. create the newsletter as a web page on a wb site, and send a link to all
my recipients. As far as I know, you should be able to send the link just
using Outlook and a distribution list - you don't really need Word at all,
or
b. create the newsletter as a Word document, convert it to Acrobat Reader
(.pdf) format, if you have the software to do that), and send that as an
attachment to a distribution list in Outlook, if that is possible, or, if
necessary, use Doug Robbins' macro at
http://word.mvps.org/FAQs/MailMerge/MergeWithAttachments.htm

Peter Jamieson