Is there a way I could speed up video clips on Imovie 08 ?

[PinkSakura]

I am editing my video clips and I want to be able to speed up some of the parts. But I don't see a way to do it. Do you have any idea how I can speed up the clips ?

Thank you so much for any response.

 

[Dave Braine]

Unfortunately not in iMovie08, only in iMovieHD or iMovie09.