You cannot do that natively, but you can simulate it.
It looks like you can get some hints from this post: http://blog.shortfusion.com/supporting/circulartext/flex2/simpleCurvedText.html (right click to see the source code).
Let me know!
I have done this code but what i need is, i want to insert styles in the curve text just like in the 2nd picture i have given with bottom arc. Just like this i want to change the styles of the coming text. The code is helpful but only for the first images. if u can help please let me know.
Sir will u please let me know how can i add fixed word arts styles in flex
Actually my problem is different what i want is i want to fix the text style like bottom arc or say upper arc like word arts used, so is that possible in flex to make our fonts or text like in word arts. just like the given images above.
please help me