Click on color button and write in textarea with that color font

1

hi everyone
I want to do as follows:

  • click a “red” button

  • write in textarea with red color font

  • click “blue” button

  • write in textarea with blue color font
    Isn’t this possible in flash 10 using AS3 ???

    I tried using setTextFormat but the problem is i have to have text before inserting format on that.

    Please somebody tell me how to do this???
    Thanks alot in advance
    Regards