Nancy, Kris, Quentin, Jesse and Dean all live on Elm Street. At night, they're all having the same dream—of the same man, wearing a tattered red and green striped sweater, a beaten fedora half-concealing a disfigured face and a gardener's glove with knives for fingers. And they're all hearing the same frightening voice...
One by one, he terrorizes them within the curved walls of their dreams, where the rules are his, and the only way out is to wake up. But when one of their number dies a violent death, they soon realize that what happens in their dreams happens for real, and the only way to stay alive is to stay awake. Turning to each other, the four surviving friends try to uncover how they became part of this dark fairytale, hunted by this dark man.
Functioning on little to no sleep, they struggle to understand why them, why now, and what their parents aren't telling them. Buried in their past is a debt that has just come due, and to save themselves, they will have to plunge themselves into the mind of the most twisted nightmare of all... Freddy Krueger.
Well, I haven't watched the original Nightmare on Elm Street but news from the Net the original is better.
The remake does give that shock to everyone who would watch it at the point where you're most likely to be off-guard, but it's not really the kind of a horror movie that will keep you terrified for long or give you that fear-factor notable horror movies have (The Exorcist, Texas Chainsaw Massacre, etc.).
The plot is rather predictable. I mean you can point out who will die next, what will happen to this guy, what the ending will be and you'll say to yourself, "I knew it!".
Overall, if you like to have a bit of a scare on your day then give it a try for P150.