VS 2010 Access A Control From The Value Of A String?

Lets say I have a combo box that contains the values "alpha", "bravo", "charlie", etc.

When the user selects a value from the combo box, then that value will be written to a string variable, like...

Dim ComboSelection As String = combobox1.SelectedValue

Now, lets say I have a bunch of panels on my form, which have names corresponding to each combo box value. For example...

pnl_alpha
pnl_bravo
pnl_charlie
etc etc.

So what I would like to do is use the value of ComboSelection to access the appropriate panel (instead of using conditional statements or select case statements).

For example, whichever value the user selects from the combo box, I want to change the corresponding panel's background color to blue. So in the combo box's click event, I want to do something like this...

Dim ComboSelection As String = combobox1.SelectedValue
Dim PanelName As String = "pnl_" & ComboSelection
PanelName.BackColor = Color.Blue

Is it possible to do something like this? Again, I realize that I could easily use conditional statements to accomplish this task, but I am curious if it is possible to do it this way instead, as I would have many uses for this functionality.