The plot closely follows the original Eskimo Limon, and revolves around protagonist Gary (Lawrence Monoson), a typical highschooler, and his friends Rick (Steve Antin) — the slick ladies man, and David (Joe Rubbo) — the "Belushi-esque" fat guy.
Most of the plot involves their numerous failed attempts to have sex. One in particular when the three boys pick up three girls with the promise of cocaine earlier in the film (Instead they use Sweet-n-Low but the girls cannot tell the difference and even claim that its "the best Colombian they ever had".) And Gary gets stuck with the homely and overweight friend of the other two more attractive girls. Later in the film, a love triangle develops between Gary, Rick and Karen (Diane Franklin, later of Better Off Dead fame). Gary is secretly in love with Karen, but his dreams of dating her are over when, after helping Karen get an abortion, he finds her back with Rick.