If THIS is the Webwatcher you suspected is running on your machine, first try THIS procedure to remove it. If it doesn't work and you still have it, you should seriously consider Sci-Guy's suggestion in Response No. 5.
You can also download Process Explorer from Microsoft. I gives you much more info on what is running than Task Manager and still allows you to shut down running programs. But response 5, while more drastic, will be absolute.
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