Woody, Norm and Cliff come bounding into the bar after a drunken evening of watching
The Magnificent Seven (1960), and are feeling all macho. They talk about the lack of danger in everyday life, and crave for such. Another patron in the bar, Bob Speakes, is a skydiving instructor and suggests that they give skydiving a try. The three are all talk and no action, but finally agree to do it after Carla goads them into it. The next day, the three are up in a plane ready for the jump. They all chicken out, the first men ever in Bob's history of teaching that have ever done so. However, the three make a pact that they will say to the gang at the bar that they did it, keeping the story nice and simple: they jumped, the chutes opened, they landed. The two problems are Cliff, who needs to embellish the story to pump up his own so-called extraordinary achievements, and Woody, who has never told a lie in his life. Carla doesn't believe that they did it, until Woody, who is nervous in the lie, says that they did. He manages to convince Carla in the lie. Sam is jealous of the three as he's always wanted to skydive, and talks the three of them into taking him up for a jump. They can't weasel out of it, but especially Woody feels that, given another chance, he could do it and the lies he told would no longer be lies. Back up in the plane the following day, the three chicken out once again and the truth comes out that they didn't jump before. But Sam also chickens out, and suggests they continue with the lie. Back at the bar, the guys talk up a storm, and Rebecca suggests that they do one more jump holding a banner advertising Cheers, the act filmed by a camera crew. They all talk her out of the idea until she infers that the macho bravado of the act might be enough for her to go to bed with Sam, which is enough for him to agree. Will it be third time lucky for the four?