It may seem funny at first to have a component for something as basic
as a Label and, for most cases, you will probably not want to use a label
component unless you are using the Data
Components and Databinding. Let's quickly look at this
simple component in any case.
Start a new Flash movie.
Drag three Label components on Stage and place them one under the
other, as shown below.
Select the topmost Label instance and set its parameters using the
Property Inspector (PI), as shown below.
Select the next Label down and set its parameters using the PI, as
shown below.
Select the last Label and set its parameters using the PI, as shown
below. Note that unlike a dynamic textfield, you can enter HTML text
directly into a Label component using the PI.
Test the movie and see how the various parameters affect the displayed
label. Notice especially how the second label resizes to fit the text
(since you set autoSize to "left") where the first one cuts
it off. You can see the final output in the movie below.