Open a new image 
width & height to suit your needs
background color > white
image type > 16.7 million colors (24 bit)
select foreground color 
red > 0
green > 0
blue > 0
select text tool 
check antialias
check center
check floating
type in your text
click OK
selections > select none
image > special filters > erode
image > edge filters > find edges
this should turn your text into white outlines on black background
selections > select all
selections > modify > transparent color
transparent color > black
tolerance > 0
click OK
selections > modify > feather
feather > 5
click OK
select foreground color
whatever color you want for your glow effect
NOTE:This seems to work with every color I've tried.
select the fill tool 
match mode > none
tolerance > 200
fill style > solid color
fill on the white outline
apply the fill five (5) times
selections > select none
image > normal filters > blur more
do this 8 or 10 times
colors > adjust > red/green/blue
%red > 100
%green > 100
%blue > 100
click OK
select foreground color
red > 0
green > 0
blue > 0
select text tool
click OK
center text inside glow
selections > select none
image > special filters > dilate
colors > decrease color depth > 256 colors... (8 bit)
file > save as >
TYPE: GIF - CompuServe
type in a name and click OK
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