Dynamically loading text and make some effects

I want to load some text, just a few words, from a textfile and into my flash movie. I think I know how to do that but how can I apply motions and fading on that text??

When I made my last site I had to create separate letters in flash and tween and fade every single letter but that makes the movie so big and it is alot of work.:crazy:

I have seen easier ways, with coding, but now I cant find any tutorial about it.

Summary: I want to load some text into my movie and then apply a cool text effect on each letter. Like make each letter spinn around or something like that. I need to know how i can do that??

:nerd: