Two Go-Go dancers from Iowa go to New York City to attend a famous strippers school so they can become feature dancers.

Eddie Czeropski is scraping by, trying to make it as an actor in New York; his friend Donny is an actor too, in adult films for the tough-as-nails director Carolyn King. When Eddie lands a role on a soap opera, he believes his adult career will fade from the public’s memory, but with the nascent videocassette market, Carolyn sees an opportunity to exploit.

Wanda Brandt, a shrewd corporate takeover engineer, plots to seize control of the most stable financial investment firm on Wall Street by sexually blackmailing all of the corporate stockholders.