Thanks for all of your help everyone. Fortunately my boss had a web developer pass along another great solution. It's open source code, so I definitely had to pass it along.
The attachment is a zip file which contains an .fla (version 8) a .swf an images folder and an .xml file.
The current flash movie is set to 720 x 480 pixels. Anyone can use that as is and just modify the xml and image directory to put in your own pix. If you wanted to change the canvas size of the flash movie, you'd have to edit the fla. This seems to be the most flexible. Unfortunately this is a version 8 file in case you have an earlier flash version.
Looking at the action script, this code is attributed to Todd Dominey
http://whatdoiknow.org/archives/001962.shtml
For twenty bucks you can also buy his advanced slideshow which frankly is a great solution for an online portfolio or image gallery.
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