This festival is an opportunity to see professional theater artists enthusiastically perform and stage three one-acts by high school students. The four young winners of Pegasus Players’ 21st annual contest demonstrate a good ear for dialogue and a talent for comedy. However, the plot’s familiar in Enoch Abraham’s Karma, about a student poet trying to be a player while ignoring the female friend who really cares. And the tone is uneven in Scarlett Mays’s In Your Dreams, which offers a slapstick take on teen girls trying to sneak into a concert plus a message about HIV and the power of family. Aaron Abolt and Marisha Hekmatpour’s Kid Kuisine is the most amusing and original, featuring a 25-year-old regressing after a bad breakup. –Jenn Goddu a Through 1/28: Fri-Sat 8 PM, Sun 3 PM, Thu 1/18, 8 PM, Pegasus Players, O’Rourke Performing Arts Center, Truman College, 1145 W. Wilson, 773-878-9761, $12.