Same monster, new setting: in a Sea World-type amusement park, a great white shark escapes from its tank and proceeds to cause terror and chaos. Little connection to the previous "Jaws" sagas. Followed by one more sequel, "Jaws: The Revenge."
Alternately goofy and amusing, this definitely is a long way off from the original. But not without its entertainment value, particularly the use of dolphins and that overdone ending.