I'm sure I'm missing something basic here. To create spine inserts for
3-ring binders I use tables. (Word XP) I'll choose cell alignment of center
(horizontal) and center (verticle). When I go to add a graphic of our
company logo into the cell, the text moves to center (horizontal), top
(verticle). I've tried formatting the graphic as behind text, in front of
text, through text, and nothing seems to correct it.

What am I forgetting to do?