You can use the Content Editor Web Part to add formatted text, tables, hyperlinks, and images to a Web Part Page.

You might use the Content Editor Web Part to add:

  • An introductory, formatted paragraph to a page.
  • A table of instructions to explain a chart on your page, the data behind the chart, and how it was graphed.
  • A set of hyperlinks to more information.

Source: http://office.microsoft.com/en-us/windows-sharepoint-services-help/about-the-content-editor-web-part-HA001160897.aspx

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