if you are looking to place 'rotated text' (not animated)
create the text without a location
then add it to the movie
$di = $movie->add($my_text_object);
then move and rotate the result.
(PHP 4 >= 4.0.5)
SWFDisplayItem::rotate — Rotates in relative coordinates
This function is EXPERIMENTAL. The behaviour of this function, its name, and surrounding documentation may change without notice in a future release of PHP. This function should be used at your own risk.
swfdisplayitem::rotate() rotates the current object
angle degrees from its current rotation.
The object may be a swfshape(), a swfbutton(), a swftext() or a swfsprite() object. It must have been added using the swfmovie::add().
No value is returned.