1. make a textbox with a fill color, and a white beveled
(rounded edges) border,
2. make white text with glow filter and shadow filter.
I removed the filter code because it didn't work at all, but
here it is for reference. I didn't try a shadow filter yet because
the glow filter crashed.
var color:Number = 0xFFFFFF;
var alpha:Number = .5;
var blurX:Number = 10;
var blurY:Number = 10;
var strength:Number = 3;
var quality:Number = 7;
var inner:Boolean = false;
var knockout:Boolean = false;
var text_filter:GlowFilter = new GlowFilter(color, alpha,
blurX, blurY, strength, quality, inner, knockout);