Cut-out shape from jpeg in Illustrator CS2
Hi,
I would like to "cut out" a dollar sign ($) shape from a jpeg image so that I can "see through" the dollar sign to what is behind it. I have attempted to do this several times using the Compound path tool, Divide objects below, and everything else I can think of. Nothing works. First, I flatten the jpeg image. Then I create outlines of the dollar sign. When I select the dollar sign and the jpeg and click on "Make Compound Path" I get the error message: "Can't make a compound path. A compound path cannot combine a clipping mask with an ordinary path." I do not have any problems cutting through a vector image. For some reason this jpeg is giving me problems. Can you help?
Thanks

