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01/05/1998 12:00AM

Godzilla, 45, by his original studio, Toho, in Tokyo, for the new release, "Godzilla 2000: Millennium." Initial reaction in his native Japan has been kind to the "King of the Monsters," whose reputation had been badly damaged in 1998's Hollywood version. Sony, which made that movie (starring Matthew Broderick), is reportedly negotiating to release the new flick in the U.S.

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