Previous/Next buttons with animation

hello again everyone!

I am trying to create some simple buttons that when you hover over the left or right side of an image, a small arrow will slide out and you can either go to the next image in a series or to the previous. I hope this isn’t too difficult…

Another thing is that I’d like to have each image transition from one to the next, it can be a simple fade. I’m attaching an image to get the idea across. Any help is appreciated and I need to keep this in Flash 8.