coding not working in IE7

the following coding is not working in IE7 but works in Firefox:

<param name="movie" value="http://www.freetexteffects.com/widgets/bubbles/wrapper.swf?linkUrl=http://www.freetexteffects.com&linkTitle=Bubbles Text&fullpath=http://www.freetexteffects.com/widgets/bubbles/&amp;showEmbedShare=yes&amp;keyValue=08sMuBvjmA0qycU&amp;swfWidth=475&amp;swfHeight=452&amp;mainSwfFile=main.swf">
<param name="quality" value="high">
<param name="wmode" value="opaque"/>
<embed wmode="opaque" width="475px" height="452px" src="http://www.freetexteffects.com/widgets/bubbles/wrapper.swf?linkUrl=http://www.freetexteffects.com&linkTitle=Bubbles Text&fullpath=http://www.freetexteffects.com/widgets/bubbles/&amp;showEmbedShare=yes&amp;keyValue=08sMuBvjmA0qycU&amp;swfWidth=475&amp;swfHeight=452&amp;mainSwfFile=main.swf" quality="high" pluginspage="http://www.macromedia.com/go/getflashplayer" type="application/x-shockwave-flash" ></embed>

anyone help me here on why this is??