Flash in Sharepoint

Use content editor webpart.
Use following code for source of CEWP

<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,0,0" id="worldtime" align="middle">

<param name="allowScriptAccess" value="servernamesharepoint" />

<param name="movie" value="http://servernamesharepoint/Test/TestDoclib/flashslide.swf" />

<param name="quality" value="high" />

<param name="bgcolor" value="#ffffff" />

<embed src="http://servernamesharepoint/Test/TestDoclib/flashslide.swf" quality="high" bgcolor="#ffffff" name="worldtime" align="middle" allowScriptAccess="servernamesharepoint" type="application/x-shockwave-flash" pluginspage="http://www.macromedia.com/go/getflashplayer" />

</object>