Both... if I do a copy/paste of the rendered HTML from the Signature setting in Apple Mail to the Signature option in SquirrelMail, all I get is plain text in the SquirrelMail Signature option and in the composition window.
If I copy the HTML source from TextWrangler into the Signature option in SquirrelMail, I see the HTML source
both in the Signature option and in the composition window. (I sent a test email to myself and verified the recipient also sees HTML source, not rendered HTML.)
I guess I'm still trying to figure out if HTML signatures are possible with SquirrelMail, I haven't been able to find a definitive answer in the docs or their mailing list. They seem to have an anti-HTML fascination when it comes to email, which I understood and even agreed to at one time, but it's 2009...