No, but you can fudge:
Code:
Sub ScratchMacro()
'A basic Word macro coded by Greg Maxey
Dim orng As Range
Set orng = Selection.Range
orng.Underline = wdUnderlineWavy
With orng.Find
.Text = "[ .,:;\!\?" & Chr(9) + Chr(160) & "]"
.MatchWildcards = True
.Font.Underline = wdUnderlineWavy
.Replacement.Font.Underline = wdUnderlineNone
.Execute Replace:=wdReplaceAll
End With
lbl_Exit:
Exit Sub
End Sub