If you are talking about Format | Background | Printed Watermark, you can
type in any text you like. Or you can create your watermark manually by
anchoring a WordArt object or text box/frame to the page header.

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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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> I need to put automatic text onto a page (down the left hand side) and would
> like to make it a watermark so it won't affect the page when typing on it.
> Is there a way I can do this? I only found generic text capability, not
> putting your own in.
>
> Help!