You need to address the Windows Media Player on the users systems, because Flash does not support MMS streaming at all. According to the answer to this question it works in that way (you need to replace ./test.wmv
by your mms-URL:
<object id="mediaplayer" classid="clsid:22d6f312-b0f6-11d0-94ab-0080c74c7e95" codebase="http://activex.microsoft.com/activex/controls/mplayer/en/nsmp2inf.cab#version=5,1,52,701" standby="loading microsoft windows media player components..." type="application/x-oleobject" width="320" height="310">
<param name="filename" value="/test.wmv">
<param name="animationatstart" value="true">
<param name="transparentatstart" value="true">
<param name="autostart" value="true">
<param name="showcontrols" value="true">
<param name="ShowStatusBar" value="true">
<param name="windowlessvideo" value="true">
<embed type="application/x-mplayer2" src="./test.wmv" autostart="true" showcontrols="true" showstatusbar="1" bgcolor="white" width="320" height="310">
</object>
You also can play around with the configuration values and hide parts of the player as you want it.