Embed Live Flashstream to iFrame

Hi everyone reading this...

I'm not familiar at all with publishing streaming content on a web. However I got a question from a client asking to get my Live Flashstream from the mediaserver and embed it in an iFrame.

The problem as I've been told is that it's not possible to do this without first create a flashplayer playing the stream and then iFrame the player. Is that correct?

Are there any other suggestions?

As mentioned earlier I'm not a web-publisher so please explain it to a monkey...

Best regards

/Frippe