Q:  What do I do if I don’t want web page addresses to be a hyperlink? 

A:  There are two solutions based on how often you want the hyperlink removed:

• Turn the feature off completely
  Office 2000-2003:
  1.  Go to Tools | AutoCorrect Options and select the AutoFormat As You Type tab.
  2.  Under Replace As You Type, deselect the Internet And Network Paths With Hyperlinks check box and click OK.
  Office 2007:
  1.  Office Button, Word Options, Proofing category, AutoCorrect Options
  2.  Select the AutoFormat as You Type tab. 
  3.  Under Replace as You Type, deselect the Internet and Network Paths with Hyperlinks check box and click OK.

• Turn the feature off occassionally
  1.  Right-mouse click the hyperlink
  2.  Select Remove Hyperlink