Dynamic Text

Really dumb question…how do I create (proper syntax)a hyperlink in a portion of text loaded from a .txt file

You can use the <a href> html tag on your external txt file and of course enable html on your textfield.

I tried all the above & even found an example on this forum
It shows the tags instead of the link???

You need to use:

myTextField.html = true;
myTextField.htmlText = myVar;

Where myTextField is the instance name for your textfield and myVar is the variable inside the txt file.