Did you try to change the View/Encoding setting?
This may help.
Internet Explorer Saves HTML Content Instead of the Active
Document
When dynamic content is generated by a Web server and it
is returned by using the Hypertext Transfer Protocol
(HTTP) Content-Disposition: Attachment header, you receive
an Open dialog box. If you choose the Save As option,
Internet Explorer prompts you with the file name and
program type, but the file name is the name of the
referred document and the contents are the Hypertext
Markup Language (HTML) code instead of the file name that
is indicated in the header and the contents that were
dynamically generated and returned from the server.
http://support.microsoft.com/?kbid=281119
Post a URL were you are having problems. Will check it.
Henri Leboeuf