many people believe ET is supposed to be a Christ like figure and
symbolizes when Jesus Christ was crucified, eventually resurrected and
was taken into heaven (ET was taken home by a UFO at the end of the
film) when ET tells Eliot he will always be "right here", and gestures
to Eliot's heart, is believed to symbolize the Christian faith.
Personally,
I believe it's a story of how friends come from all sorts of places and
may look different but give a genuine friendship. Kind of a "don't
judge a book by it's cover" story.
I just answered this on your other question....