I.E. Positioning Problem

I am having a problem for the website xxx.fortune3.com/evereadyhardware

The problem code is at the bottom of this post.

1. I have a bottom-margin of -39px on the logo on the top left of the page. In Chrome and Firefox, the logo appears over the graphic underneath it, as it should; however, in Explorer, the graphic below the logo obstructs its view.

How do I make the logo appear over the graphic underneath it.

I have tried messing with Z-Indexing to no avail and used a conditional I.E. position bug fix in my <style> tags but neither of these solutions worked.

Code 1:

<TR><TD><FONT class=companyname><A href=" "http://www.evereadyhardware.net "><IMG alt= "Eveready wholesale hardware distributors. We sell closet hardware, kitchen hardware, bath hardware, architectural moldings..." src= "{logo}" width= "200px" bordercolor= "white" style= "border: 0; margin-left: 14px; bordercolor: white; margin-bottom: -39px; bgcolor: white;" valign= "top ">
</A></font></TD></TR></TABLE></TD>
<TD bgColor=#ffffff width= "100% ">
<TABLE border=0 cellSpacing=5 cellPadding=5 width= "100% ">
<tr><td>
<p align=right valign=top>
<A href= "{f3contact} "><IMG src=storelocator2.png width=140 border=0></A>
<A href= "{f3faq} "><img src=help1.png width=140 border=0></A>
<A href= "http://wholesale.fortune3.com/evereadyhardware/ "><img src=myaccount1.png border=0 width=140></A>
<A href= "http://www.fortune3.com/evereadyhardware/newwholesalecustomer.cgi "><img src=newcustomer1.png border=0 width=140 style= "margin-right: -25px; "></A>
&nbsp;&nbsp;&nbsp;&nbsp;
</p>
</A></TD></TR></TABLE></TD></TR></TABLE></TD></TR></table></td></tr></table></td></tr></table>
<td width= "94%" height= "25" valign= "top" bgcolor= "#FFFFFF "><table width= "100%" height= "30" border= "0" align= "center" cellpadding= "0" cellspacing= "0 ">
<td background= "but-mid.jpg" height= "30px "><table width= "96%" height= "30px" border= "0" align= "center" cellpadding= "0" cellspacing= "0 ">
<tr>
<tr height= "25 ">
<td height= "25" align= "center ">


Thanks.