Released on October 27th, 1989, Shocker saw Wes Craven trying to stick it to New Line, who he was feuding with at the time, by creating what was hoped to be the next Freddy at a rival studio.
Even with a Halloween release to boost it, though, and a kick ass trailer to sell it, things just didn't pan out. I'm pressed for time today so I'll step aside and let Siskel & Ebert put in their two cents.
As much as they seemed confounded by horror movies, I miss those guys.