Adding links to text

I’d like to create a bunch of links in a text field.

There’s no way to do this in the IDE as nearly as I can tell. One link per field.

I can do it in actionscript by parsing the text in the fields and comparing it to entries in an XML, finding the entries and then adding the links to the htmlText of the field. Is there any way to easily parse words taking punctuation into account? Of course I can use the split function, but that doesn’t sort out periods, commas, and such.