Gazoo gives Fred a luxury car and this causes more problems, including some mysterious people trying to get a secret formula from Barney, who they think is scientist Dr. Rockenheimer. After Fred makes the mistake of telling Gazoo to get lost, the mysterious people finally knock Fred and Barney out, and are ready to kill them to get a formula Barney does not have.

Fred and Barney enter a costume contest both dressed as devils. Meanwhile, a new band puts on a radio hoax saying the town is being invaded by space aliens called "Way-Outs". After deciding to let Barney be the devil, Fred decides to dress as a space alien and is mistaken for one of the Way-Outs.

Fred is entered in a teen dance contest against his will on the Shinrock show, hosted by Jimmy O'Neillstone (special guest starJimmy O'Neill) where every one of Fred's mishaps becomes a new dance. TheBeau Brummelsalso guest star as "The Beau Brummelstones".