The conversation reveals a shared history between the characters linked to their mutual feelings for Alex, who serves as a metaphorical prize similar to unattainable stuffed animals at a carnival. Both characters reflect on their struggle with jealousy and loss, acknowledging their past emotions towards Alex and expressing a desire to move on from those feelings.
Carmen initially struggles with her lingering attachment to Alex but ultimately expresses that she has moved on. The protagonist, feeling a mix of sadness and relief, admits to having moved forward as well. However, the closing line suggests that Alex remains stuck in the past, indicating that not everyone can easily let go of their feelings.