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HAMLET, the newest version from writer/director Michael Almereyda, takes place in present-day New York and reinvents "Big" Bill Shake- speare's brood as members (or friends of members) of the "Denmark Corporation." Cute. Ethan Hawke, all grunge, plays the ever-mad- dening title character, Julia Stiles pouts as Ophelia, and Bill Murray mildly mugs as Polonius. (Far more comical than Mr. Murray, however, is an ear-flapped ski cap that occasionally covers Ham- mie's head. Oy, what a sight!) Other prominent players include Kyle MacLachlan's Claudius, Diane Venora's Gertude, Liev Schrei- ber's Laertes, and ol' Sam Shepard as "the King," the apparition- appearing CEO who also obviously never participated in company's dental plan. (Maybe that's why he was killed.) For those new to the play (read: teens), this is a rather palatable take. Familiar faces in familiar situations and most of them speaking slow enough to be actually understood! (Being *heard*, however, is another ma- tter entirely. Blame a crappy sound recording that periodically drowns the dialogue in extraneous noise. Ugh.) This may also be the first filmed HAMLET to feature product plugs for Pepsi, Movie- phone (calling Kramer!), and Blockbuster Video. (Other amusing not-really-anachronisms: hearing the Bard's banter on speakerphone and an Ertha Kitt-recorded PSA that greets three cab riders.) Re- grettably, there are a few dead spots to speak of-- odd, uncomfort- able moments when the actors seem less like interacting characters than stage-crafting speech traders. These screeching halts pass pretty quickly, though. Nonetheless, ninety minutes was plenty for me. I left and went to watch fireworks. (Rated "PG-13"/111 min.) Grade: W/O Copyright 2000 by Michael J. Legeros Movie Hell is a trademark of Michael J. Legeros