July 20, 1981 12:00 PM

>•ATLANTIC CITY A weary two-bit mobster, Burt Lancaster, and a woebegone waitress, Susan Sarandon, get one more chance in a poignant charmer by Louis Malle. (R)

•CITY OF WOMEN Federico Fellini directs Marcello Mastroianni as a sort of Male Chauvinist in Wonderland. (Not rated)

•THE FOUR SEASONS Alan Alda’s modest, timely domestic comedy is to the point. (PG)

•THE HAND Michael Caine’s left hand doesn’t know what the right is doing, but it’s clearly up to no good in a gripping chiller. (R)

•OUTLAND Sean Connery faces up to the bad guys in a this-moon-of-Jupiter-ain’t-big-enough-for-both-of-us space epic. (R)

•POLYESTER Tab Hunter, transvestite Divine and a gimmick called Odorama are matched in an unlikely ode to suburban bad taste.(R)

•THE POSTMAN ALWAYS RINGS TWICE Jack Nicholson’s leer has never been as justifiable as it is when cast at steamy Jessica Lange in this remake of the 1946 classic. (R)

•RAIDERS OF THE LOST ARK A colorful, crisis-a-minute yarn, this magical piece of escapism is, thanks to George Lucas, Steven Spielberg and Harrison Ford, the kind of film they aren’t supposed to make anymore. (PG)

•SUPERMAN II Still flying and punching, Supe can kiss, too, Chris Reeve reveals here. (PG)

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