ok i have some premades that i made with photoshop but i wanna open them up again and change the text (or mabe some colors) how do i do that with cs3 extended ?

click on the text layer then use the text tool to highlight the writing and change it

Well, the methode NoWhere told is good

But, it will only work if it's a .psd file, the photoshop format

yes u need a .psd file for this

ok i saved teh pic i want to change the text to psd format and i use the text tool but i cant hight light .. help ? or is there ne tuts for this ?

unless you have the original .psd file it will be hard (depending on what the text is like), if the text is small you could try and use the clone tool to cover it up and then use the text tool

You have to get the old text off the image, this requires alot of work with 'Clone Stamp Tool' to make it look like the name was never there.

One you have done this then simply add a new layer with the new text over the top of it.