Dimensions strange

Content
1

ActionScript 2.0, if that maters;

I have a MovieClip object that i’ve developed that is 771x601.
This object is loaded inside of another MovieClip, which is loaded… (etc etc. Let’s just say the MovieClip in question is the 6th level down the tree)
The Properties window declares that the object is 771x601.
When viewed, as well as viewing it in-scene, it’s apparant size is 771x250 (or thereabouts). The bounding box around the object in development view is not showing anything outside the expected object.

Am I missing something?

2

dimentions and measures are relative in Flash to parent.

3

The loaded movie will resize to the dimensions of the MC into which it is being loaded.