A young man is warned by a captain about a temptress; nonetheless, he finds himself falling in love with her.

Film told in flashbacks of an older man's obsession for a woman who can belong to no-one but can frustrate everyone. The backdrop is SternbergÍs surreal and fantastic Carnaval in Spain. In a café the older man details his encounters with the heart breaker that his younger friend has only just met at the parade. Forewarned, the young man swears he will avoid the fate of his friend, but rushes all the same to his evening rendezvous. A dreamlike story of frustrated, lost romance, spoken in the past tense, never really resolved.—<[email protected]>

In the carnival in Spain in the beginning of the Twentieth Century, the exiled republican Antonio Galvan comes from Paris masquerade to enjoy the party and visit his friend Capt. Don Pasqual 'Pasqualito' Costelar. However, he flirts with the mysterious Concha Perez and they schedule to meet each other later. When Antonio meets Pasqualito, his old friend discloses his frustrated relationship with the promiscuous Concha and her greedy mother and how his life was ruined by his obsession for the beautiful demimondaine. Pasqualito makes Antonio promise that he would not see Concha. However, when Antonio meets Concha, she seduces him and the long friendship between Antonio and Pasqualito is disrupted.—Claudio Carvalho, Rio de Janeiro, Brazil