diff --git a/src/as/com/threerings/flash/AnimationAdapter.as b/src/as/com/threerings/flash/AnimationAdapter.as
new file mode 100644
index 00000000..1463d5e8
--- /dev/null
+++ b/src/as/com/threerings/flash/AnimationAdapter.as
@@ -0,0 +1,21 @@
+package com.threerings.flash {
+
+public class AnimationAdapter extends Animation
+{
+    /**
+     * @param host the display object we'll be animating.
+     * @param enterFrame called on every frame: function (elapsed :Number) :void
+     */
+    public function AnimationAdapter (enterFrame :Function)
+    {
+        _enterFrame = enterFrame;
+    }
+
+    override protected function enterFrame () :void
+    {
+        _enterFrame(_now - _start);
+    }
+
+    protected var _enterFrame :Function;
+}
+}
diff --git a/src/as/com/threerings/flash/FloatingTextAnimation.as b/src/as/com/threerings/flash/FloatingTextAnimation.as
new file mode 100644
index 00000000..9ac17795
--- /dev/null
+++ b/src/as/com/threerings/flash/FloatingTextAnimation.as
@@ -0,0 +1,76 @@
+package com.threerings.flash {
+
+import flash.events.Event;
+
+import flash.text.TextField;
+import flash.text.TextFieldAutoSize;
+import flash.text.TextFormat;
+
+public class FloatingTextAnimation extends TextField
+{
+    public static function create (
+        text :String, duration :Number = 1000, dy :int = -10,
+        format :TextFormat = null) :FloatingTextAnimation
+    {
+        var fta :FloatingTextAnimation = new FloatingTextAnimation();
+        fta.defaultTextFormat = format;
+        fta.autoSize = TextFieldAutoSize.CENTER;
+        fta.text = text;
+        fta.width = fta.textWidth + 5;
+        fta.height = fta.textHeight + 4;
+
+        fta.duration = duration;
+        fta.dy = dy;
+        return fta;
+    }
+
+    public var duration :Number;
+
+    public var dy :Number;
+
+    public function FloatingTextAnimation ()
+    {
+        addEventListener(Event.ADDED_TO_STAGE, handleAdded);
+        addEventListener(Event.REMOVED_FROM_STAGE, handleRemoved);
+
+        _anim = new AnimationAdapter(enterFrame);
+    }
+
+    override public function set x (val :Number) :void
+    {
+        super.x = (val - width/2);
+    }
+
+    override public function set y (val :Number) :void
+    {
+        _startY = val;
+        super.y = (val - height/2);
+    }
+
+    protected function enterFrame (elapsed :Number) :void
+    {
+        var perc :Number = elapsed / duration;
+        if (perc >= 1) {
+            parent.removeChild(this);
+            return;
+        }
+
+        alpha = 1 - perc;
+        this.y = _startY + (dy * perc);
+    }
+
+    protected function handleAdded (... ignored) :void
+    {
+        _anim.start();
+    }
+
+    protected function handleRemoved (... ignored) :void
+    {
+        _anim.stop();
+    }
+
+    protected var _startY :Number;
+
+    protected var _anim :AnimationAdapter;
+}
+}