Ed,
You can create a watermark of a photo in Microsoft
Publisher 2000 by:
1. Go to Insert>Picture>New Drawing
2. On the toolbar, choose the Insert Picture icon
3. Browse to your graphic
4. Click OK
5. Right click on the picture and choose Format Picture
6. Go to the Picture Tab and under Image Control, change
the color to Watermark
FYI
Brian Kvalheim
Microsoft Publisher MVP
http://www.kvalheim.org