I have bee playing with this script for a while and I can't seem to find the magic to make it work right. The script basically takes all the avi files in in a folder and converts them to flash.
Here is the simple script:

#!/bin/sh
ls *.avi|cut -d. -f1 | while read i
    do
    echo "this is the file "$i
    ffmpeg -i $i.avi -ar 22050 -f flv ./flv/$i.flv
    done


The script does the first file it finds and then exits with no errors.
If I comment out the ffmpeg line it runs as expected though all the files.

Oh, I need to allow for spaces in the file names as well.

Any ideas?