>>I am having the same experience. As an example I cannot insert the cursor into any part of the last paragraph of you post below. I am using I.E. 5.5, SP-2, with Windows NT 4.0 Workstation.
>
>Are you using also IE 5.5?

I get the same effect (IE5.5, Win95) - the problem area always seems to be in roughly the same place, approx 12 lines down & extending for around 4 lines. Above/below I get the insertion caret, inside that area the pointer - clicking in between characters occassionally get the caret in the correct place.