You could make the text appear to flash or scroll by changing the status bar text in a loop sequence.
Example
Code:
Sub StatusScroll()
strStatus = "This text is scrolling Left <-- <--"
nLen = Len(strStatus)
nLoops = 10
x = 0
Do While x < nLoops
Application.StatusBar = strStatus
For n = nLen To 0 Step -1
strDisp = Right(strStatus, n)
Application.StatusBar = strDisp
Call DelayProc
Next
x = x + 1
Loop
End Sub
Sub DelayProc()
fSpeed = 0.02
'Run loop!
DoEvents
Start = Timer
Delay = Start + fSpeed
Do Until Timer > Delay
DoEvents
Loop
End Sub