Wow, I wish I had Photoshop! I use a less sophisticated image editor, which has always served quite adequately and since it supports layers, I'll try to figure out how to do what you're suggesting.
(I did try a "None" fill and the bottom image does show up, but I wanted it a bit muted, as would happen with perhaps a "half transparency" and that is apparently what I can't achieve in FM.)
If I understand correctly, I need to edit the imported graphic to make a portion of it appear semi-transparent, and then when I bring it back into FM and put my text box on top of it, it will appear the same as if I had been able to put a partial transparency in the fill of the text box...
I really, really, really hate it when I find myself thinking "Word could do this easily, why can't Frame?"
Thanks for your helpful suggestions, guys, you're great. As always!
Gay