<marquee></marquee>
 

No, not with just that tag, but prolly with java, javascript, DHTML, oranynumber of other things
-- DONT USE IT ANYWAY!

it isn't complient with some browsers and is rather outdated.

...And it is rather ugly, and isn't part of the HTML spec. You could probably easily get a Javascript solution.

Yes, it can be done
 

Yes, you can use the marquee tag to have text move vertically

<marquee direction='up'>Test</marquee>

I just checked and this does work, but remember that (as far as i know) this will only work on IE and the vertically moving part may be farly new (at least 5.0, could be earlyer) you can also use the values: down, left, or right in place of 'up'.

But the problem still remains that the text scrolls to fast to read. WAY TO FAST. I recomend Java app (but sometimes those act up) or a simple .gif if it's a small text marque.

<marquee direction="up" scrollamount="n">Your message here</marquee>

n=#1-50 (I suggest 3-7)

marquee tags don't work on all browsers (example: CompuServe, and probably Netscape 7). I'd suggest using DHTML or Java. ASP, Perl, PHP, and other server-side scripting works even better.

I don't think any server-side programs would do that.

It should work in Netscape 7, in standards mode too no less.

<2¢>
Regardless of how few or how many browsers marquee works in, it's ugly. I've closed many-a-pages because they didn't appeal to me or had too much java applet's or marquee's. When I see a marquee, it's only good if it could be replaced or mistaken for by a gif. (Such as scrolling |NEW| next to something). Anything further (Such as school name, sponsors, team name, etc.) is blasphemous to web design as a whole.
</2¢>

Anything is possible, just depends on if you actually want to do it.