Four friends on a weekend getaway to Long Island are siting around a fireplace and each relates a sexual fantasy that he or she has had for a long time but kept secret.

Carol Scrooge, the curmudgeonly owner of a sleazy skin publication, insists that her employees work on Christmas. However, on Christmas eve, Miss Scrooge is visited by three ghosts, each of whom shows her a different vision of Christmas, from Carol's lurid past of sexually manipulating her childhood friends to the meager Christmas celebrations of her present-day employee, Bob Hatchet and his wife, to a terrifying and sleazy vision of Christmas yet to come; each visit is infused with a barrel of laughs and a valuable lesson about the importance of giving and holiday spirit.

It was shocking and unbelievable experience for Henry Totler. The girl up there in the stag film was his wife, and all his friends were watching her in a shameless sex act with another man and another woman! Henry hired a hard driving detective to find out all about his wife, Maggie.

"To Whom It May Concern, Good Bye!!! Yours Truly, Anonymous," reads the suicide note English teacher Mr. Boynton writes and tapes to his chest. Dejected because he’s going to lose his job for moonlighting in porno flicks, he also wears Groucho Marx glasses (you know, with the big nose and fake moustache) which, somehow, is necessary apparel for someone about to jump off a New York City bridge. But before he leaps, he is rescued by a student of his named Nancy and Miss Crabtree, the Phys. Ed. teacher. As thanks for saving him, the gals go with him to "an editing room" and double-team him.

Marc Stevens plays Joe Cock, a Jim Morrison by way of David Bowie circa Ziggy Stardust vocalist whose claim to fame is his uncanny ability to get it up on stage.