This is a very poor adaption of one of S.E. Hinton's best novels. The characterizations are quite off the mark, and there is little to no development of situations and characters. Periodically the viewer is thrown into really weak attempts at "deep", philosophical dialogue from out of nowhere - straight out of the book but oddly out of place in this disjointed film.
The acting is not much better. Only Frank Howard (as M&M) and Morgan Freeman (as Charlie) really make their roles believable. Emilio Estevez, perhaps due to the script itself, never makes Mark the character he needs to be to actually propel the story in the right direction.
All I can make of this film is an attempt at grabbing the same attention as "The Outsiders", another (and much better) film adaption of a S.E. Hinton novel. Both books/films have a few characters in common, some similar themes, and Emilio Estevez. "That was then..." just doesn't work out.