I finally tested this. It is a probby coz you cannot use preview with absolute links. I entered two named ares on my target page, one at the bottom and the other at the top. I linked to the bottom one. It did not go there. When I viewed the source I saw that VSD had placed both tags at the top. See:
<div class="Object73"><A NAME="Here1"></A></div>
<div class="Object74"><A NAME="Here2"></A></div>
<div class="Object75"><table border=0 cellspacing=0 cellpadding=0><tr><td valign="top" align="left"><div class="text-align:left;margin-left:0px;text-indent:0px;"><span class="textstyle0">Page Two<br>
</span></div></td></tr></table></div>
<div class="Object76"><table border=0 cellspacing=0 cellpadding=0><tr><td valign="top" align="left"><div class="text-align:left;margin-left:0px;text-indent:0px;"><span class="textstyle0">This is a test.<br>
</span></div></td></tr></table></div>
<div class="Object77"><table border=0 cellspacing=0 cellpadding=0><tr><td valign="top" align="left"><div class="text-align:left;margin-left:0px;text-indent:0px;"><span class="textstyle0">This is a test.<br>
</span></div></td></tr></table></div>
<div class="Object78"><table border=0 cellspacing=0 cellpadding=0><tr><td valign="top" align="left"><div class="text-align:left;margin-left:0px;text-indent:0px;"><span class="textstyle0">This is a test.<br>
</span></div></td></tr></table></div>
<div class="Object79"><table border=0 cellspacing=0 cellpadding=0><tr><td valign="top" align="left"><div class="text-align:left;margin-left:0px;text-indent:0px;"><span class="textstyle0">This is a test.<br>
</span></div></td></tr></table></div>
<div class="Object80"><table border=0 cellspacing=0 cellpadding=0><tr><td valign="top" align="left"><div class="text-align:left;margin-left:0px;text-indent:0px;"><span class="textstyle0">This is a test.<br>
</span></div></td></tr></table></div>
</body>
I have an inferiority complex - but it is not a very good one.