You mean update a cell in one table with the contents of a cell from another table?
I'm pretty sure that is not possible just using MySQL. You'd have to do SELECT from one table, then use PHP to UPDATE a second table.
e.g.
<?php
$values = mysql_query("SELECT id,col1,col2 FROM table1") or die "Can't select from table1";
while ($value = mysql_fetch_array($values)) {
mysql_query("UPDATE table2 SET col1='". $value['col1'] ."',col2='". $value['col2'] ."' WHERE id=". $value['id'] .") or die "Can't update table2";
}
?>
Something like that.