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Typically a database just stores the URL and the text of the url. So you might have a table to hold urls with three fields: id, url and url_text. Then when the data is displayed (on a web page using ASP for example) it is made into a hyperlink by adding the appropriate markup: <a href="$url">$url_text</a> where $url and $url_text represent the data pulled from the database.
Thank you so much for taking the time to help me! I really appreciate it!