Displaying rich text in asp.net

I am lookign for some sort of way to display html formatted text in asp.net.  All I want is to have a simple multi-line text box on the web page which has formatted text.  For example, I might have a word in there that I want to highlight in red.  I have foudn numerous rioch text exit controls, btu they al have toolbars to format the text.  In my case the text will already be formatted and I do nto want any other inteaction from the user.  I aslo do not want any buttons, just a simple frame is all I need.  

SO I was wondering if anyone knew of a web control that accepts html formatted text and then displays the formatted text in a frame.