Hi Bubba,
What about this:
Have a sprite on the right-hand side of the screen which represents the scrollbar.
When the scrollbar is dragged, it moves up and down the screen.
Set up an array of texts (perhaps 15 of them) which will be used to display the data you want to show.
Initially, if the scrollbar is at the top, texts 1-10 (for example) display the first ten items.
As the scrollbar moves down, the texts move up.
When the top text moves up off the top of the screen, because the scrollbar has moved down, it is hidden and marked as inactive.
When the bottom text moves down off the bottom of the screen, because the scrollbar has moved up, it is hidden and marked as inactive.
When there is room for another text at the bottom of the screen (because the user has scrolled down far enough), one of the hidden, inactive texts is reused and placed at the bottom position.
When there is room for another text at the top of the screen (because the user has scrolled up far enough), one of the hidden, inactive texts is reused and placed at the top position.
When scrolling, you'd have to work out how far to move each text up or down. You could take the position of the scrollbar as a percentage. When it's at the top, item 1 is displayed; when it's at the bottom, item 500 is displayed. A bit of maths will let you calculate which item should be at the top of the list based on the scrollbar's Y position.
Just a thought!
James