ActionScript for Flash MX: The Definitive Guide, 2nd Edition By Colin Moock
Chapter 18. ActionScript Language Reference
MovieClip.valueOf( ) Method
Flash 5
a reference to a clip or movie
mc.valueOf()
Returns
An object reference to mc.
Description
The valueOf( ) method returns an object reference to mc. The reference is synonymous with mc itself, so it is rarely, if ever, necessary to invoke valueOf( ) explicitly.