Generating new classes using the Class variable

programming flash
1

As you know we can use the Class reference to construct new Variable classes at runtime (http://livedocs.adobe.com/flash/9.0/ActionScriptLangRefV3/Class.html)

Is it possible to pass arguments to the constructor of those classes?

for example:

var classReference:Class = MyClass;
var newInstance:MyClass = new classReference(arg1:Object, arg2:Object);