Eagles, surgery my Nightclub owner picking up on Punk rocl (Coo tin ted from Page 19) people the bands attract Blue hair, bizarre outfits and earrings in lips are not uncommon. And you may love watching the latest dance, the Pogo. It's not named after the comic-strip character but the bouncing stick, because dancers jump up and down to the music. Up and down to such tunes as "Crash Their Brains In," and other numbers Johnny Mathis probably will never record. "Punk music is a cult thing," Zarra said. "And the people who follow it, the New Wavers, are to the '80s what the beatniks were to the '50s and the hippies were to the '60s. "The music really is a statement. It's rebellious and it concerns world events from nuclear power to the KKK. And it's to the point. There's one lyric that goes: 'What do you say to the KKK. (expletive deleted)." "And that's a ballad," Zarra said, . breaking into a laugh that sounded like Broderick Crawford clearing his throat He added that all of the New Wave bands that play his club, such as the highly regarded Silencers and Car-sickness, do only original material. "In that respect, the groups are far and away more innovative than the typical Top 40 groups, who just recycle old Barry Manilow or Neil Diamond tunes. "At first, the music's a little hard to take. But after a while, you can really get into it When I first heard it, I couldn't stand it But I sort of like it now. Either that, or I'm going crazy." Zarra is so enamored of the music that he's forming a Punk band of his own. "I'm putting together some of the best musicians in town and hope to form the ultimate Punk group," he said. And the name: "JZ and the Pestilence. You like it?" We'd rather not say, JZ. We'd rather not say. The Electric Banana opens at 8:30 p.m. tonight and tomorrow. Bands perform from 10 p.m.-2 a.m.