A great article at The Tech Labs, by Ben Pritchard from PixelFumes, that will step you through the classes used to achieve a card flipping effect using the new rotationY property that exists in Flash Player 10.
Tutorial | Create a Card Flip Effect For Flash Player 10 using ActionScript 3
About the Author: Carlos Pinho
A father, a husband and a geek... Carlos was the founder of projects like The Tech Labs and Flash Enabled Blog. He is the founder of TekTuts He is passionate about technologies. Their main skills are in analytics, transport & logistics, business administration. He also writes about programming resources, trends, strategy and web development.