ActionScript 2.0 :: Scroller, Xml, Duplicatemovie?

I'd like to have a scrollbar which scrolls movieclips that are created depending on whether there is the information available in an xml file.The image attached shows how the layout should be and the xml will be something like this:

Code:
<?xml version="1.0" encoding="UTF-8"?>
<root>
<myentry>[code]...

The kind of thing I want to create can be seen here... http:[url]...Click on 'engaging customers' and then you'll see a box to the right.I want to create something like that, but loading in the text from xml.

The scrollbar found here is good but I can't see how to implement the whole adding movieclips dynamically and then resizing the scrollbar etc.. http:[url]...Does this all include: loading in the xml, finding the node, creating a new movieclip, adding the xml information, resizing the scrollbar and then checking to see if there are anymore xml nodes?