Problem with reading XML file nodes

Hi I am reading an XML file into Flash. As the XML file is 11mb and schema is pretty complex, the option of writing a program to format the file is a bit far-fetched at this stage.

The xml file I have formats text in this way:

<p>
<v /> hello world <v /> bye bye
</p>

I need to get the hello world and bye bye as 2 separate nodes. How would I be able to do that in AS 3? Please advise.

Thanks.

Rgds,
Toiletfreak