Our Window1 appears again. Feel free to move it around to see everything clearer. The arrow changes to a hand. This is a nice RB user interface feature. Drag it to somewhere in the Window1 window and drop it by releasing your mouse.
Label is the default name.
Congratulations, you have just added a StaticText Class to your window. With the statictext class still highlighted, notice our properties window, to the right, now shows what properties our statictext has. These are the default values that RB designed in to this Class. Notice also that our statictext properties window is broken down in to four kinds or types of properties, ID, Position, Appearance and Font. A StaticText Class is just as it sounds, text, words.