I am using Windows XP with Word 2002.

I have an excel spreadsheet that I'm using as the source for my mail merge.
One of the columns has the actual HTML text for a hyperlink. The text comes
through fine, but when I save the document as an html file, the text is
replaced as shown below:

Here's the text in the word document before saving it as html:

a href="1_Alameda/1_Alameda_tn.html" target="_blank"img
src="1_Alameda/1_Alameda_01tn.jpg" width = "150" height="109"
alt="1_Alameda" border="0"/a

Here's what ends up in the html file:

<a href="1_Alameda/1_Alameda_tn.html"
target="_blank"><img
src="1_Alameda/1_Alameda_01tn.jpg" width = "150"
height="109" alt="1_Alameda"
border="0"></a>

As you can see, it's taking the text as a literal and replacing all the
special characters with there equivalent html (e.g., "" becomes "<").

Is there a way to stop it from translating just this one area of the mail
merge?