During a hallucinatory incident, Kristen Parker has her wrists slashed by dream-stalking monster, Freddy Krueger. Her mother, mistaking the wounds for a suicide attempt, sends her to a psychiatric ward, where she joins a group of similarly troubled teens.
Bill Whitney is worried that he is different to his sister and parents. They mix with other upper-class people while Bill is more down to earth. Even his girlfriend seems a bit odd. All is revealed when Bill returns home to find a party in full swing.
After his precocious behavior has gotten him bounced out of one more in a string of exclusive private schools, 16-year old Sebastian Valmont has arrived in New York City to live with his father and stepmother. The cunning and handsome Sebastian may have met his match, however in his equally manipulative and beautiful stepsister Kathryn Merteuil.
