Thanks a lot for all replies.
Curt, definitely the program needs a lot of improvement, but I am not responsible for it. It is basically a program that displays all the emails, faxes and telexes received. Now some of them have been forwarded many times and in different formats (email and the old but still used from vessels telex) and therefore look like that.
Boxersoftware, I would like my processed text looks like how Curt processed it. I will try your program now, but please note that the text has been forwarded by email and telex.
f0dder, exactly, what bothers me the most, is that the linebreak is done on the character and not on the word.