To make the code as customizable as possible, it does not make a call to beginFill in case you want to set your own fill (or gradientfill even?).
If you just want to use it as a basic mask, just call beginFill(0) before and endFill() after the call to drawPieMask.

function drawPieMask(graphics:Graphics, percentage:Number, radius:Number = 50, x:Number = 0, y:Number = 0, rotation:Number = 0, sides:int = 6):void {
	// graphics should have its beginFill function already called by now
	graphics.moveTo(x, y);
	if (sides < 3) sides = 3; // 3 sides minimum
	// Increase the length of the radius to cover the whole target
	radius /= Math.cos(1/sides * Math.PI);
	// Shortcut function
	var lineToRadians:Function = function(rads:Number):void {
		graphics.lineTo(Math.cos(rads) * radius + x, Math.sin(rads) * radius + y);
	};
	// Find how many sides we have to draw
	var sidesToDraw:int = Math.floor(percentage * sides);
	for (var i:int = 0; i <= sidesToDraw; i++)
		lineToRadians((i / sides) * (Math.PI * 2) + rotation);
	// Draw the last fractioned side
	if (percentage * sides != sidesToDraw)
		lineToRadians(percentage * (Math.PI * 2) + rotation);
}

Example of different sides values. The last circle has a pie with 3 sides as a mask.

You can get the example fla here.

I found a bug in my old Line-Line Intersection in C++ post, and after I fixed it I thought it would be a good idea to port it to AS3:

function intersection(p1:Point, p2:Point, p3:Point, p4:Point):Point {
    var x1:Number = p1.x, x2:Number = p2.x, x3:Number = p3.x, x4:Number = p4.x;
    var y1:Number = p1.y, y2:Number = p2.y, y3:Number = p3.y, y4:Number = p4.y;
	var z1:Number= (x1 -x2), z2:Number = (x3 - x4), z3:Number = (y1 - y2), z4:Number = (y3 - y4);
    var d:Number = z1 * z4 - z3 * z2;

    // If d is zero, there is no intersection
    if (d == 0) return null;

	// Get the x and y
    var pre:Number = (x1*y2 - y1*x2), post:Number = (x3*y4 - y3*x4);
    var x:Number = ( pre * z2 - z1 * post ) / d;
    var y:Number = ( pre * z4 - z3 * post ) / d;

    // Check if the x and y coordinates are within both lines
    if ( x < Math.min(x1, x2) || x > Math.max(x1, x2) ||
        x < Math.min(x3, x4) || x > Math.max(x3, x4) ) return null;
    if ( y < Math.min(y1, y2) || y > Math.max(y1, y2) ||
        y < Math.min(y3, y4) || y > Math.max(y3, y4) ) return null;

    // Return the point of intersection
    return new Point(x, y);
}

You can try it here:

function getColor(fromColor:uint, toColor:uint, scale:Number):uint {
    var red:uint = ((fromColor >> 16) + (toColor >> 16) - (fromColor >> 16) * scale) << 16;
    var green:uint = ((fromColor >> 8 & 255) + ((toColor >> 8 & 255) - (fromColor >> 8 & 255)) * scale) << 8;
    var blue:uint = (fromColor & 255) + ((toColor & 255) - (fromColor & 255)) * scale;

    return red + green + blue;
}

I’ve just been tasked with creating a function to get the intersection of two lines.
With the help of equations from Wolfram Mathworld I created this nifty function:

Point* intersection(Point p1, Point p2, Point p3, Point p4) {
	// Store the values for fast access and easy
	// equations-to-code conversion
	float x1 = p1.x, x2 = p2.x, x3 = p3.x, x4 = p4.x;
	float y1 = p1.y, y2 = p2.y, y3 = p3.y, y4 = p4.y;

	float d = (x1 - x2) * (y3 - y4) - (y1 - y2) * (x3 - x4);
	// If d is zero, there is no intersection
	if (d == 0) return NULL;

	// Get the x and y
	float pre = (x1*y2 - y1*x2), post = (x3*y4 - y3*x4);
	float x = ( pre * (x3 - x4) - (x1 - x2) * post ) / d;
	float y = ( pre * (y3 - y4) - (y1 - y2) * post ) / d;

	// Check if the x and y coordinates are within both lines
	if ( x < min(x1, x2) || x > max(x1, x2) ||
		x < min(x3, x4) || x > max(x3, x4) ) return NULL;
	if ( y < min(y1, y2) || y > max(y1, y2) ||
		y < min(y3, y4) || y > max(y3, y4) ) return NULL;

	// Return the point of intersection
	Point* ret = new Point();
	ret->x = x;
	ret->y = y;
	return ret;
}

Hope it will be to as good use to you as it is to me.