Well, lets see. A MH 400 watt puts out about 32000-40000 lumens. Light falling off at inverse square, will put the lumens (doing the math) about 9,000 at 2 feet. A plant (or seedling) will start to stretch around 1500 lumens or under. The chance of the seedling stretching while 2 feet under a MH light is really not possible. HPS light, or cfl under minimum lumens maybe. 3.5 feet or more would be the distance to stay below, at least as far as lumens go.
If the bulb is really old maybe, or not putting out the right spectrum. There is a specific nanometer length of blue I think 430 which control how the plant reacts to light. Its the reason hps makes your plants stretch in veg, it doesnt contain the specific wavelength the plant is looking for so it will stretch right into heat stress, left unchecked.
Seedlings handle a range between 3,000 and 10,000 the best, much more than that you risk bleaching, where it turns light green, it will still grow, just not optimal and be under stress.