The actress won her second Oscar for Best Actress for her performance in "Places in the Heart" at the ceremony and went on to deliver one of the most misquoted statements in pop culture history.
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Most quote Field as telling the members of the Oscar audience that night, "You like me, you really like me."
Field, who won her first Oscar in 1980 for her role in "Norma Rae," actually said, "You like me, right now, you like me!"
The actress explained her second win meant more to her.
"This means so much more to me this time, I don't know why. I think the first time I hardly felt it because it was all so new," Field said at the podium. "But I want to say thank you to you. I haven't had an orthodox career. And I've wanted more than anything to have your respect."
"The first time I didn't feel it," she added. "But this time I feel it. And I can't deny the fact that you like me, right now, you like me!"
Actor Albert Brooks parodied the speech on Twitter on Jan. 24, 2012, when he found out he wasn't nominated for an Oscar for his role in "Drive."
"And to the Academy: 'You don't like me. You really don't like me,'" the traditionally comedic actor wrote on his Twitter page.
Check out this and other moments in Oscar history on the interactive timeline available on the official Oscar.com website.
Oscar.com also hosts the official Oscar blog, which will feature red carpet fashion trends and tips from chef and lifestyle experts for hosting the best Oscar party.
Leading up to the ceremony, "On The Red Carpet" co-host Rachel Smith will be doing interviews with hair and fashion stylists and makeup artists for the "Best Dressed" video series featured on Oscar.com, beginning on February 11. Smith will also be covering live events and offering post-show analysis of Oscar night fashions for the site.
The site also has a social media page, Oscar Buzz, which tracks comments from fans using #Oscars and #OscarBuzz.
It was announced in November, that Crystal would return to host the 84th annual Academy Awards.
The awards ceremony will air live on Sunday, February 26, 2012 on ABC7. Coverage begins at noon PT.
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