Airport Arrival/Departure Board effect

Sorry if this has been posted before… it’s difficult to think of search terms.

I’m working on a little Flash module where it’s going to be like a handicapper’s board. I’m thinking of an effect like the old school airline arrival and departure boards where the cities and flight numbers are on little flapping boards that rotate around really fast until they settle on the right one.

Know what I mean? Can I acheive this with a skew or transform effect? Does anyone know of a tutorial?

Thanks in advance.