Directed by John Huston, this movie is about an over-the-hill boxer (Stacy Keach) and a young protege (Jeff Bridges) who hasn't the talent to make it anywhere near the top, but he doesn't know it yet. Keach captures well (without overdoing it) the man who is on the way down and falling fast but can still hang on to a few dreams. The difference between Keach and Bridges is that Keach learns (finally) that they are just dreams while Bridges remains disillusioned (mainly by his youth and lousy manager [Nicholas Colasanto]) and thinks that the dreams may come true. They never will. The boxing scenes are well photographed. At times the acting is stiff and forced, but the sad and poignant ending is the perfect closer for this fine movie.