Edit text with VBA by coordinates

Hi 

I'm really new to VBA  and haven't really gotten a grip of how it works. I've managed to write some VBA-code for placing text by coordinates. 

Set oText = CreateTextElement1(Nothing, ooDate, point_text_Date, Matrix3dIdentity)
ActiveModelReference.AddElement oText

But now I would like to edit that text, and I have no clue how to. I've searched a lot after "edit text VBA microstation" and most answers is for when you need to search for some text, and replace it if found.

What I'm not really sure of is if I can select text in a particular coordinate by VBA, and then replace it by some text. Is there a command for selecting elements? 

I've also seen a lot about the element enumerator in these cases. Could that be used for coordinates as well?

Would it make a difference if that text was inside a cell? 

Running Openbuildigs, connect, update 5. 

Regards, 

Robert