See Bob Phillips' site for more on watermarking.
http://www.xldynamic.com/source/xld.xlFAQ0005.html
Note: a picture/shape/object of some sort is required.
The wordart method would be ideal for your purposes
Gord Dibben MS Excel MVP
On Thu, 10 May 2007 16:20:01 -0700, wkotte
wrote:
How do I add a "text" watermark in Excel? ie. "REVISED"
not a picture. thanks