In this tutorial, I will teach you how to hide any object in flash 8 using the Action Script.
Move your mouse over the objects, to hide it.
Step 1
Create a new flash document, choose Modify > Document (Ctrl+J), and set Width and Height to 250px. Frame rate set to 45fps (Frames per Second).
Step 2
Draw, or Import any object. For this example I will draw a "circle". See the picture below.

Step 3
Then, press F8 key (Convert to Symbol) to convert the object into a Movie Clip.

Step 4
Double click on a new made Movie Clip (object), or choose right click and Edit in Place.

Step 5
While your object is still selected, press again F8 key to convert it again into a Movie Clip.

Step 6
Then, select the object, open the Action Script Panel (F9) and paste this script:
onClipEvent (load) {
baseX = _parent._x;
baseY = _parent._y;
}
onClipEvent (enterFrame) {
distanceX = _root._xmouse-_parent._x;
distanceY = _root._ymouse-_parent._y;
if (distanceX < 0) {
distanceX = -distanceX;
}
if (distanceY < 0) {
distanceY = -distanceY;
}
distance = Math.sqrt((distanceX*distanceX)+(distanceY*distanceY));
if (distance <10 and distance >-10) {
_parent._alpha = distance;
_parent._alpha = distance;
}
}
onClipEvent (mouseMove) {
updateAfterEvent();
}
Step 7
Go back on the main scene (Scene1), and duplicate your few times.
We're done!
Test your Movie (Ctrl+Enter).
Bye!
Download source file (.fla)