This much we do know: The film is set in modern-day San Fernando Valley, takes place over the course of 24 hours (except for a 15-minute prelude set at the turn of the century, which Anderson filmed using an old-fashioned hand-crank Lumiere camera), and features a brief cameo by Tom Cruise.
''It's about family relations, how they need to be mended -- or broken, depending on your point of view,'' is all Anderson will (cryptically) reveal. Hall (who'll also appear in ''The Talented Mr. Ripley'') isn't much help either: ''It's a multiple-story format, with about five different plotlines running through it,'' he says. ''It's a little like Robert Altman's 'Short Cuts'... but that's really all I can say about it.'' BUZZ FACTOR: 7
See the movie trailer for ''Magnolia.''
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