Opportunity is missed by most people because it is dressed in overalls and looks like work. - Thomas Edison
Save it as a PSD with spot channels. Open a new Illy document (only works in CS2 and below)and place the image. Embed. Your spot channels (and composite) will now be selectable.They did away with this "bug" in CS3. If you go to the Adobe forums you can see screen printersraising hell.