Sure, Saturday morning cartoon obsessives might recall the jaunty theme song (''Josie and the Pussycats!/ Long tails and ears for hats!/ Guitars for sharps and flats!''), but those are probably the sort of folks who also think that Gleek the monkey was tragically underused on ''Super Friends.'' And after the $125 million success of ''Charlie's Angels,'' there's the question of whether this $24 million movie can live up to expectations. (''I don't know why we're being compared,'' jokes Elfont. ''Just because there are three hot female leads and it's based on a kitschy project from the 1970s, and uh, oh...'')
Of course, the corpses of projects like ''Josie'' are stacked like cordwood on the streets of Hollywood. For every ''Charlie's Angels'' there's ''The Adventures of Rocky and Bullwinkle.'' For every ''Addams Family,'' a couple of ''Mr. Magoos.''
But with a cheeky script, songs from hit meister Babyface, and a litter of hotties in the cast, the studio thinks this pussycat can kill. ''We made a good movie,'' says Universal production executive Allison Brecker. ''It sounds basic, but you can't fool people. Once it hits theaters, the cat is out of the bag.''


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