Synopsis by Josh Ralske
Chris Peterson (Chris Elliott) buys a defective watch and ends up taking part in a dangerous undercover police sting operation in "The Counterfeit Watch Story." After watching re-runs of Sea Hunt, Chris decides it would be neat to have a watch he could wear in the shower. He races off to Transistor Hut to get a "Mr. Underwater" watch. Chris warns the store's proprietor, Vic (Duke Moosekian, who played the photographer in Get a Life: "The Prettiest Week of My Life"), that he won't be fooled by any "bait-and-switch tap dance." But when Vic tells him the watch he wants is a "piece of junk," and that the Chronosync 2000 is "the Cadillac of underwater watches," Chris changes his mind. He's a bit concerned when the watch stops ticking in the store, but Vic explains that it's what's known as a "tap watch. You just tap it now and then to get it started, and that keeps it from burning itself out by running constantly." Chris buys the Chronosync 2000, and invites his parents to view the watch's "christening" in his shower. Fred (Bob Elliott) sees the gaudy-looking, oversized watch and asks Chris, "Are you sure it's not the Dodge Dart of underwater watches?" Chris is horrified when the Chronosync 2000 falls apart after three seconds in the shower. He returns to the store to demand a refund. Vic is nowhere to be found, and the salesman is not helpful, so Chris stages an angry protest in his underpants until the cops come to take him away. The police explain that they've had the store under surveillance for selling counterfeit merchandise, and ask for Chris's help in nabbing Vic and his supplier. Chris eagerly agrees to wear a wire for the perilous sting operation.