TextArea selected text color change

Question

Hi
     I would like to know, how to change the text color of the selected text from textarea.

Answer 1

Formatting Text
with a textfield "tf" on your stage:
import flash.text.TextFormat;
var startIndex:int = 0;
var endIndex:int = 0;
var defaultFormat:TextFormat = new TextFormat();
defaultFormat.color = 0x000000;
var highLightFormat:TextFormat = new TextFormat();
highLightFormat.color = 0xFF0000;
tf.addEventListener(MouseEvent.CLICK, selectText);
function selectText(event:MouseEvent):void
    startIndex = tf.selectionBeginIndex;
    endIndex = tf.selectionEndIndex;
    trace(startIndex+"..."+endIndex);
    //highLights the current selection
    tf.setTextFormat(highLightFormat, startIndex, endIndex);