Jerry tells George about a woman named Laura he met in Michigan who is coming to New York for a seminar. Jerry wonders if she has romantic intentions. The two continue to talk about her after they leave the luncheonette. Jerry then receives a telephone call from Laura, who asks if she can stay overnight at his apartment. Jerry invites her, but is still unsure whether or not her visit is intended to be romantic. Jerry and Laura arrive at the apartment. Laura then receives a call and when Laura gets off the phone she tells Jerry: "Never get engaged." Jerry then realizes that he has no chance with Laura, but has already committed himself to an entire weekend with her.

Elaine invites Jerry to a party where he meets a woman that fascinates him. However, Jerry knows nothing about her, not even her name, so he and George stakeout the lobby of her job in an attempt to 'run in' to her.

While out of town Jerry's apartment gets robbed (Kramer left the door open); so he considers moving. However, the apartment that George shows him is also an apartment that he wants, so they try to decide who will get it. Whoever wins, Elaine wants their apartment. Meanwhile, Kramer searches for the stolen property.

Jerry ponders a few courses of action when he sees that he no longer has anything in common with a clingy and obnoxious childhood friend. George has trouble with his latest relationship. Kramer has the idea to open a chain of make-your-own-pizza parlors and is looking for investors.

Jerry and George invest based on an insider stock tip, but then lose touch with their inside source. A nervous Jerry lets the declining stock ruin his weekend away with Vanessa, while George decides he's all in.