SEVIERVILLE, Tenn. (AP) _ Jim and Tammy Bakker tell their side of the PTL story in ''The Ballad of Jim and Tammy,'' on Mrs. Bakker's new album, due out Monday.

''I wrote it in 15 minutes but I didn't write it to be mean,'' Mrs. Bakker said of the lyrics, which are set to the tune of ''Harper Valley PTA.''

The album was recorded in Nashville during the summer, after Bakker quit their $172 million evangelical empire over a 1980 sexual encounter with Jessica Hahn.

The Bakkers are planning a tour with the same name as the album, ''Farewell For Now.''

---

ATLANTIC CITY, N.J. (AP) - Bert Parks, unceremoniously dumped as emcee of the Miss America Pageant after a quarter-century singing ''There she is ...,'' will be host of a new competition - for men.

Parks will emcee the U.S. Man of the Year Pageant at Convention Hall on Dec. 18, pageant director Veronica Brancato said Wednesday.

''The bathing suits will be a little different, the contours of the individual contestants will be a little different, but the idea of a role model for young people in this country is very acceptable,'' Parks said.

Contestants will be judged on interviews, physical fitness and self- confidenc e as demonstrated on stage through an impromptu scenario, Mrs. Brancato said. There will be no talent competition.

The pageant will be syndicated to TV stations, she said.

''It is a pleasure to be back here in Atlantic City ... after that fiasco nine years ago,'' Parks said Wednesday.

The Miss America Pageant said it was time for a change when it replaced Parks, then 65. He was succeeded by actor Ron Ely and then Gary Collins, who has been host for six years.

---

LOS ANGELES (AP) - Dudley Moore, the comic lush in ''Arthur'' and the sawed-off leading man opposite Bo Derek in ''10,'' has been honored with a star in the Hollywood Walk of Fame.

The 52-year-old British actor was cheered by 300 fans, friends and tourists Wednesday at the unveiling of the walk's 1,855th star, located next to the one for Louis Armstrong.

The Hollywood Chamber of Commerce presents stars to celebrities after a sponsor nominates them and pays $3,500. The sponsor, in Moore's case Tri-Star Pictures, must guarantee the celebrity will appear at the installation ceremony. A chamber committee then selects the recipients.

---

PALM SPRINGS, Calif. (AP) - Frank Sinatra, forced to cancel two nights at Carnegie Hall over the weekend because of laryngitis, has recovered after three days' rest at his desert home, a spokeswoman says.

''The doctor told him to rest his vocal cords and not to talk for several days,'' Susan Reynolds said Wednesday. ''He's feeling fine. He's over the laryngitis and he's looking forward to getting back on the road.''

The 71-year-old entertainer will resume his concert tour Oct. 14 at Nassau Coliseum in Uniondale, N.Y.

Sinatra underwent abdominal surgery in November and in January after being stricken with diverticulitis.

---

LONDON (AP) - A courtroom drama by author and former politician Jeffrey Archer was panned both by the critics and an unusual aisle-sitter - the prostitute whose alleged liaison with Archer sparked a lurid libel trial in July.

''It is really a very boring play,'' Monica Coghlan, wrote Wednesday in the tabloid Today. ''It's the only time I've been to the theater, but after that experience, I don't think I'll be going again.''

Ms. Coghlan said Archer ''would never have written the play had it not been for me.''

Archer resigned in October as deputy chairman of the governing Conservative Party after admitting he paid Ms. Coghlan hush money, but denied he had ever met her.

A jury later awarded him a record $800,000 in libel damages and said The Star newspapers falsely reported he had sex with Ms. Coghlan.

''Beyond Reasonable Doubt,'' Archer's first play, opened on the West End, London's Broadway, with an advance sale of $984,000, which is believed to be a London record for a non-musical.

''This is, to put it as kindly as possible, a mundane, flatly written courtroom drama retrieved from disaster by a few good performances,'' wrote Charles Osborne in The Daily Telegraph.

---

BLOOMINGTON, Ind. (AP) - Followers of the Dalai Lama are coming from as far away as West Germany to see the exiled Tibetan religious leader dedicate a Buddhist shrine next to a cornfield near here, an organizer of the event says.

The Dalai Lama, or ''ocean of wisdom,'' is scheduled to dedicate a 35-foot white monument Friday to the more than 1 million countrymen alleged to have been killed by Chinese forces since the annexation of Tibet in 1949.

He was invited by his older brother, Thubten J. Norbu, a retired professor of Uralic and Altaic studies at Indiana University and a founder of the Tibetan Cultural Center here. The Dalai Lama, whose name at birth 53 years ago was Tenzin Gyatsho, is on a 17-day trip that included stops in Switzerland, West Germany and Washington. He lives in India.

---

LOS ANGELES (AP) - Western actor John Ireland will play the patriarch of the Ponderosa Ranch in a TV movie version of ''Bonanza'' in which Lorne Greene was to have recreated his 24-year role as Ben Cartwright. Greene died Sept. 11.

Ireland, who starred in television's ''Rawhide,'' will play Jonathan Aaron Cartwright, who comes to the ranch to take over after the death of his brother Ben, it was announced Wednesday.

Greene, who starred in the series that ran on NBC from 1959-73, had been the only member of the original cast scheduled to appear in the two-hour movie, ''Bonanza: The Next Generation,'' which goes into production Oct. 26.

Greene's daughter, Gillian Greene, will appear in the film, as will the son of Michael Landon, who played Little Joe in the series.

The movie will be seen in syndication in January and February. Gaylord Productions hopes to make it a weekly series.

---

LOS ANGELES (AP) - Jazz singer Ella Fitzgerald was in fair condition after surgery on her foot to remove bone particles caused by diabetes.

The 69-year-old First Lady of Song, known for her improvisational ''scat'' vocals, has been hospitalized for a month with diabetes, said Cedars-Sinai Medical Center spokesman Ron Wise. She underwent surgery Wednesday.

''She is doing very well, in good spirits,'' Wise said. Miss Fitzgerald had suffered swelling in her right leg and foot, he said.

Miss Fitzgerald has recorded more than 250 albums and collected 11 Grammy awards in more than 40 years in show business.

She underwent heart bypass surgery last year and had surgery in 1971 for a detached retina.