Parsing a URL from a field and replacing with HTML code

[VT_Hokie]

hi people,

heres my problem:

I have a field that contains multiple addresses (contacts) and it also
contains a website address

example:

Virginia Society for Clinical Laboratory Science
8900 Michaux Lane
Richmond, VA 23229
http://www.vscls.vavalleyweb.com

now, what I want to do is replace the URL with an HTML link... so it looks
like this:

Virginia Society for Clinical Laboratory Science
8900 Michaux Lane
Richmond, VA 23229
<a
href='http://www.vscls.vavalleyweb.com'>http://www.vscls.vavalleyweb.com'</a
What is the best way to do that??? Any ideas?? Please help!!

Thanks!
-billy
(e-mail address removed)