You can do blinking by using a timer and setting the caption of a label alternating between "" and "Label:" Is there a certain special effect you're interested in?
Private Sub Form_Timer()
Dim textlen As Integer, textstr As String
Dim strfield As Variant
Static astr As Integer
strfield = "hello world" & "" 'replace text with what ever you want
textlen = Len(strfield)
astr = astr + 1
If astr >= textlen Then astr = 1
textstr = Mid([strfield], astr, Len([strfield])) & " " & Left([strfield], astr)
Me.yourlabel.caption = textstr 'replace name here
End Sub
and then
set the forms timer interval property to around 500
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