But that's not to say that the independents haven't come up with a full slate of new films. A special edition of weekly Variety is crammed with ads hawking hundreds of entries -- most of them, let's say, somewhat low-brow. There are horror films, like "Hospital Massacre," "Graduation Day" ("the class of '81 is running out of time"), "Blood Tide" and "Virus" ("the entire world is a graveyard"); urban paranoia thrillers including "Vice Squad" and "Vigilante" ("now shooting on the streets of New York City," says an appropriate ad line); such global paranoia thrillers as "World War III"; and lots of sexploitation films, with such fetching titles as "Snow White and the Seven Happy Sadists," "Last American Virgin" and "Wife, Husband and Friend" ("the wife who wouldn't . . . the husband who couldn't . . . the friend who wasn't"). And there are also new inexplicable entries: the horror movie about "a long forgotten nightshade of the past" who "returns to claim its seed." The name of this fearsome beast: "The Imp." And then there's "Jules Verne's 'The Bermuda Triangle Monsters,' " though filmmakers fail to explain just when Verne wrote about the Bermuda Triangle. By the way, lots of the Mifed ads pitch classier entries, from Godard's new "Passion" to the Brazilan import "Pixote." The latter film, directed by Hector Babenco, has picked up some quiet, scattered praise from the critics; soon, though, it appears that a much bigger critical bandwagon will begin to roll.