Two questions: The watch and Ofelia's father

Rating: Null/10 (7 February 2007)

Can someone explain in detail the situation with the Captain and his father's watch. The dinner guest says that the watch stopped when his father was killed, and can be honored at that exact time. But the Captain repaired the watch, we see him working on the watch, and it is now running. I think the Captain dishonored the father by doing this. What's up? He's obviously obsessed with the watch, but I'm not sure I get it all. -- -- Also, at the same dinner, someone talks about The Captain meeting the new wife, then returning to her after her husband suddenly died. The Captain changes the topic, implying that HE HAD HIM KILLED. Did you get that impression anyone???