http://help.adobe.com/en_US/FlashPlatform/beta/reference/actionscript/3/flash/events/TouchEvent.html#relatedObject references the current target at the END of a touch event, possibly another object by the end of the touch event. Note: You need the latest Flash Player 10.1 Beta or AIR 2 Beta version, and knowledge of multi-touch. Christian Cantrell's article is a good starting point: http://www.adobe.com/devnet/flash/articles/multitouch_gestures.html.
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