Autodesk AUTOSKETCH 8 User Manual page 222

AutoSketch's rich text capabilities allow you to apply formatting, such as
bold or italics, to any or all characters within a text string. That means you
can use the Text Editor to select specific words (instead of entire text entities)
for formatting, font changes, or resizing. AutoSketch even allows you to
place entire paragraphs in a drawing using the text wrapping feature.
You can create and edit AutoSketch text using the Text Editor dialog box or
you can do inplace editing directly in the drawing. The inplace editor pro-
vides a WYSIWYG (what you see is what you get) interface that allows you to
see your text rendered directly into the drawing as you type. The Text Editor
dialog box provides a blank workspace for you to compose and edit your text
before placing it in the drawing. AutoSketch allows you to choose the editing
mode that you prefer and thereafter defaults to the last edit mode used.
AutoSketch does not consider text to represent real objects in the drawing.
Instead, it views text as annotation to the drawing (similar to markers,
dimensions, and hatch patterns). Therefore, AutoSketch scales text and other
annotation entities at output size. If you enter text that is .25" high, it prints
as .25" high, regardless of the current drawing scale. This is consistent with
most drafting standards, which specify text size in terms of printed output.
Three geometric properties define a text entity in AutoSketch: basepoint,
angle, and character height. You can change the geometric properties of a
text entity by changing the corresponding settings on the edit bar.
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Chapter 17 Working With Text