Mimic Dropdown menu

I have a drop down menu that responds to Label #OnClick. #MouseMove event can be used to change Label Border Style but there is no #MouseMovedOff event to show that the cursor has left the Label. The PictureBox has the #MouseMovedOff event. Managing Picturebox is much more trouble then the Label. There was some discussion about expanding usage of #MouseMovedOff and why it may not be possible to add this event to Label with out a heap extra work. Can someone describe an easy way to do this?

I think using a PictureBox is the only practical solution. It's a bit of extra work, but shouldn't break the bank.

my tiny bank thanks you.