I might try this.
OK, you go to other formats. But then you save as... what type?
Rich Text Format?
Should say Web Page somewhere in that list, maybe Web Page Filtered which I don’t actually know what it is and avoid. Also keep in mind that the right click menu usually has Hyperlink on it which will let you do most of your stuff, the hyperlink dialog even has a Browse the web button so you can hotlink pictures and stuff. None of it’s as smooth and easy as a real web editor, but IT installed it for you.