OK, I found it. Have to go to: contact; options instead of: contact; edit.
Hope I was helpful
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Hope this will help others with a Droid 2 Global.
What I have to do to assign a ringtone to a contact. I use Phonezoo to make ring tones from my music. I upload, edit the section of song I want then send it to my Droid.
The ring tone is saved in "downloads". From there I copy it then paste it into the "ring tone" folder.
At my "contact" screen I "hold down" with my finger on the contact that I want to assign a ring tone. The contact comes up on the screen.
I click on the file button and go to options; ring tone; then scroll to the ring tone I want and click on it.
Takes longer to type it than to do it.
I hope this helps someone but I really did it for myself as a reference.