External Quicktime file

Hey gurus.
I'm building an advertising portfolio site and I want to display quicktime video in the portfolio section. I've converted quicktime in flash MX before and haven't been too happy with the quality after compression [95%]. I want to look into calling up a quicktime as an external file without going to a pop up or new page. Is there a way to make a placeholder for the quicktime? Load it as a URL? Your thoughts and efforts are appreciated.

goal:
_ Load external quicktime from flash button to the same page.
_ No pop up.

let me know. Thanks.
Beachin'