Running applications within applet

Hello,

Is there a way in which a windows/linux application or any application
for that matter, within a Java applet window?

What I'm trying to do is this -

I need to display a PDF file or a Word document and use it in a
conference with my colleagues. That is, similar to the Online
Collaboration option (I think) that Microsoft PowerPoint has to offer.
I need to discuss the file with my colleagues in the same way that a
PowerPoint presentation is discussed using the conference option, over
the internet.

I can load the file using a JEditorPane and stream it to others, but I
also need do discuss applications which my company produce.

I hope this is enough information. If not, please do ask.

Many Thanks in advance for any help that anyone can provide.

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