This drama about affluent Los Angeles teens is taken from the novel by Bret Easton Ellis. Clay (Andrew McCarthy) is a college freshman who returns home during Christmas break. Clay's old flame Blair (Jamie Gertz) is now more interested in her new beau Julian (Robert Downey, Jr.), the fun-loving party boy with a penchant for drugs. While Clay tries to rekindle a thing with Blair, Julian becomes addicted to cocaine and starts freebasing. Julian's friends try halfheartedly to intervene, with no success. Soon he is so far in debt to drug dealer Rip (James Spader) that Julian becomes a male prostitute, whoring for enough money for his next fix. Michael Bowen co-stars with Tony Bill and Nicholas Pryor in this trip into the seamy world of darkness in sunny California.