Most of the credit should go to Sandy Blair for pointing me in the right direction.

Open a new Image 16 mil colors
I used Black back ground with white text.
Click on the A on the toolbar to open the text window.
Make sure the floating option is checked and type your text.
Click ok
Position text on your window. Do not deselect the text.

Hit the SHIFT+V keys on your keyboard to invert the selection.
(GO) Image-special effects-chisel

• size=20
• Transparent

(GO) Image-normal filters-blur

(GO) Colors-Colorize

• Hue 155
• saturation 116

(GO) Colors-adjust-highlight/midtone/shadow

• highlight 82
• midtone 32
• shadow 12

Note: You can use this effect to create a quick 'plastic' text. (lbc)

PSP 4.0 Tips and Tricks Index