In OpenGL ES 1.1, I would like to take multiple texture Ids and combine them into a single textureId. Then I would be able to use this resulting texture multiple times in the future. My texture sources could be transparent PNGs that I want to stack together. This would be a huge optimization since I wouldn't have to render multiple textures every frame.
I have seen examples like the wiki Texture_Combiners, but it doesn't seem like the results are reusable.
Also, if there is a way to mask an image with another into a reusable texture, that would be extremely helpful too.