Stupid Newbie need help

I'm missing something very basic here ...
my client side code is ...

theVid = "rtmp://192.168.0.10/ion/SharedFiles/Precautions.flv"

NetCon = new NetConnection();
NetCon.connect(null);
NetStrm = new NetStream(NetCon);
VidWin.attachVideo(NetStrm);
NetStrm.play(theVid)

if I bypass FMS e.g. theVid = "P:/Program Files/Macromedia/Flash Media Server 2/applications/ion/SharedFiles/Precautions.flv"

it works ...
the FMS management console sees the server .. the application instance .. but I cannot get the client to connect .. ???

THANKS for the response ..
That's exactly what I have .. a swf w/ a embedded flv player ..
the flv plays fine if I reference it locally .. but for some reason I can not connect to FMS ...

You need to create a Flash swf from where you will access the Video(.flv) file. The url you will be using in the fla will look like rtmp://<IP of FMS>/<appliaction>/<instance>/<stream name>