It depends on what you want to achieve. If you want flash text. I had a good tutorial, but I can't find it, but this one resembles it -
http://www.flashvista.com/details/item/1474/ that's a good one for experimenting.
I believe flash has some built in tuts also.
This one is simple
http://www.kirupa.com/developer/mx/fadingtext.htm
Here's some video tuts -
http://www.video-animation.com/flash_01.shtml