Converting Word Perfect files to Word 2007 correctly

Activate the converter in your Word 2007:
http://office.microsoft.com/en-us/word/HP051860801033.aspx

Ok, Word 2007 doesn't read Word Perfect files. Now what? Here is a nauseatingly thorough document from Columbia.edu:

http://www.columbia.edu/~em36/wpdos/wptoword.html