Importing movies into flash?

I was wondering if anyone knew if its possible to import a movie media like a .mpeg into flash. I know you can convert movies into a swf file, but thats not what i need. I looking for a way to import it into flash as a .fla file, which then can be edited. The reason I ask for this is becuase iam currently building a 3d studios max portfolio and need a decent way of presenting it.

If anyone knows the answer to my question or any other ways of making a presentation not using flash, it would be very helpfull.

can you do it whit import into liberay?

choose File>Import or File>Import to library
then specify your .mpeg movie file
to get it into your .fla file
(you must use Flash MX, not any version lower)