I don't know what you want to do with the found text, but perhaps:
Sub Testing()
Dim oRng As Range
Set oRng = ActiveDocument.Content
With oRng.Find
.ClearFormatting
.Text = "<*>"
.Forward = True
.Wrap = wdFindStop
.MatchWildcards = True
Do While .Execute
With oRng
If .Font.Color = wdColorRed Then
'Do nothing
Else
MsgBox oRng
End If
End With
Loop
End With
End Sub
BTW, assuming that you are Navy, shouldn't that be LCDR?

Signature
Greg Maxey/Word MVP
See:
http://gregmaxey.mvps.org/word_tips.htm
For some helpful tips using Word.
> I guess the only way to do this is to first get all the red text and
> do a .font.strikethrough=true on them. Later, when searching I could
> do a .font.strikethrough=false and finally switch all the stricken
> text to its original non stricken self. I don't think there is any
> other way to do this...
LtCommander - 13 Jan 2006 04:04 GMT
Greg,
That's much more elegant than my 'strikethrough' idea! Thanks, that's
what I wanted to do.
I am a navy seal who has been awarded a purple heart for extraordinary
show of courage in a war zone. Joking! Don't salute me yet!! I have
nothing to do with the navy or any other military force! I have one of
those boring desk jobs. Why "LtCommander"? That's because I was
actually watching a JAG episode (TV series) and was inspired by
Commander Rab's (lead character) arguments. He was LCDR in the show and
LCDR (email) was already taken...
Thanks, again!
Vince
Greg Maxey - 13 Jan 2006 04:29 GMT
Vince,
A "Purple Heart" for courage was all it took to see through the Seal story.
;-)
I have been in the Navy for 29 years. CDR Rab sees more action in an
episode than most Navy member's see in a career (Seal's excluded of course).
Glad I could help.

Signature
Greg Maxey/Word MVP
See:
http://gregmaxey.mvps.org/word_tips.htm
For some helpful tips using Word.
> Greg,
>
[quoted text clipped - 12 lines]
>
> Vince
LtCommander - 13 Jan 2006 04:56 GMT
Greg,
I should have researched 'Purple Heart' before attempting to lie!
It's suprising how so many Americans in the IT industry were actually
in the navy before. Well, after seeing the Junior Deck Officer's bed in
USS Midway (San Diego), I pretty much came to a conclusion that life in
the navy would have probably been awful!
Vince
Klaus Linke - 13 Jan 2006 05:10 GMT
> That's much more elegant than my 'strikethrough' idea!
Your strikethrough idea might still be a lot faster. If you have many red
pieces, Word does the "Replace all" faster than if you stop at every red
text range.
Regards,
Klaus