var mySound:Sound = new Sound();
function sineWaveGenerator(event:SampleDataEvent):void {
    for ( var c:int=0; c<8192; c++ ) {
        event.data.writeFloat(Math.sin((Number(c+event.position)/Math.PI/2))*0.25);
        event.data.writeFloat(Math.sin((Number(c+event.position)/Math.PI/2))*0.25);
    }
}

mySound.addEventListener(SampleDataEvent.SAMPLE_DATA,sineWaveGenerator);
mySound.play();