When the students of Angel Beach High decide to stage "An Evening With Shakespeare," their efforts are threatened by Miss Balbricker, who views the works of Shakespeare as obscene. She enlists the help of Reverend Bubba Flavel, a religious fanatic who brings along his flock of followers to pressure the school into shutting down the production.
As graduation nears for the class of 1955 at Angel Beach High, the gang once again faces off against their old enemy, Porky, who wants them to throw the school's championship basketball game since he has bet on the opposing team.
Life imitates art when two Manhattanites — pompous teacher Willie and quiet photographer Phil — become friends after a thought-provoking screening of "Jules et Jim," Truffaut's classic film about a decades-long ménage à trois. Soon, the men meet Jeanette, a sexually liberated southern transplant who promptly falls for both of them. Frustrated passions curdle into jealousy as Jeanette entertains love affairs with each in the ensuing years.