var myText:TextField;

for (var i:Number = 1; i<6; i++) {
        this["clip"+i] = new MovieClip();
        this["clip"+i].graphics.beginFill(0xFFFF00);
        this["clip"+i].graphics.drawCircle(40, 40, 40);
        this["clip"+i].x=i*80;
        myText=new TextField;
        myText.width=250;
        myText.height=250;
        myText.text="clip" +i;
        myText.x=10;
        myText.y=20;
        this["clip"+i].addChild(myText);
        addChild(this["clip"+i]);
}