Use the text tool to type your word in a suitable font - I just used aerial
Edit -Transform - Skew to rotate and slope the text
Go to layer styles and set a black stroke and a purple color overlay (set overlay blending mode to normal)
Now duplicate the layer move it up and along then change the overlay colour
Repeat a few times
Hope that helps you
I like it Dave. It's a pity that we couldn't make it a nice easy layer style, but if we could, I'd call it 'Rainbow Ply'.
Hailey, that's how we used to do a faux 3D effect before we had 3D tools in Photoshop. The different colours and tiny stroke make for a lovely effect though.