This is more of a question of what you can do with the .swf object and HTML content. There are probably several ways to accomplish what you're looking for. A quick googling popped up this site, which you might find helpful:
You might also consider customizing the preloader. There are some links for that in this thread:
Thanks Bear, so, the link you shared shows how to make text appear over top of page but how would I be able to do that for a specific period of time? Or make it BEHIND the flash movie.
I want to know if theres a way to just have TEXT BEHIND the flash movie so its there to read while the flash loads...
You may be able to play with the DIV in order to get it behind the swf, but an alternative is to display the DIV above the swf and remove it when it's done loading.
You'd do this through a callback similar to the one found here:
thanks... 2 questions...
1. what kind of coding do I need to know to do this?
2. is it something I can do all within Catalyst?