Want to set up indicator lights thay can be triggered by Applescript.

Have a look at the examples in Serial Input Basics. If your MAC can send serial data they should be suitable for receiving it.

Note that the Arduino will reset when the program on the MAC opens the serial port so it should just open it once and keep it open.

I presume you can use Python on the MAC so this Python - Arduino demo may be of interest. The techniques should be applicable to any language.

...R