December 21, 1998 12:00 PM

>A BUG’S LIFE Although it shares plot similarities with Antz, this animated Disney flick about Flik, a heroic ant who saves his colony, is more visually audacious and holds greater appeal for small fry. (G)

ELIZABETH Think historical costume dramas are boring? You get beheadings, poisonings and betrayal in this sumptuous political thriller about England’s Virgin Queen. Cate Blanchett rocks as Liz I. (R)

WAKING NED DEVINE We don’t want to oversell this small Irish comedy, but we’re willing to bet a Guinness you’ll chuckle as you watch the inhabitants of a tiny town conspire to collect on a winning lottery ticket. (PG)

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