Converting entered text into movie clips

I need to take a block of text and automatically break it into movie clips. For example:

myText = “this is a test”;

I need it to read “this is a test” and break it apart and create 4 movie clips that correspond to each word in the text.

Here’s my method:

read text and splice it into an array. That part is easy.
Take each item in the array and convert to a movie clip… I can make that work.

HOWEVER… I’m displaying the block of text on screen and I need for each word to be clickable.

So… for each word in the paragraph you’re reading right now, I need to be able to click and do an individual action for each word…

Any input will be greatly appreciated.