Try this, Nathan:
http://www.officearticles.com/word/missing_graphics_in_microsoft_word.htm
************
Anne Troy
www.OfficeArticles.com
> Can anyone tell me why a watermark would not be seen in print preview or
> at all until the document is printed?
Some printers allow you to create a watermark in the printer driver. You
would not see this in Word, even in Print Preview, but it would print on
every page printed from that printer.

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Suzanne S. Barnhill
Microsoft MVP (Word)
Words into Type
Fairhope, Alabama USA
Word MVP FAQ site: http://word.mvps.org
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> Can anyone tell me why a watermark would not be seen in print preview or at
> all until the document is printed?