A quartet of Vietnam vets stage a bold bank robbery, posing as guys starting up a toy company. They make their escape across L.A. rooftops, but in the end, only Murdock (Bo Svenson) is able to make a clean getaway. Still, in order to do this, he dumps his share of the loot into a mailbox. Now, he has to wait for an opportunity to retrieve his ill-gotten gains before the mailman makes his late night pick-up at a quarter to midnight.
The hitch is that two people have witnessed his desperate act. Eccentric but gorgeous artist Mary Jane (Cybill Shepherd) watched from her nearby apartment window, and a lowlife bartender / pusher, Graff (Michael C. Gwynne) just happened to be on the scene at the time. Graffs' knowledge spells trouble, because he puts two and two together and figures to profit nicely, but Mary Jane, despite being a pain in the ass, mostly just wants some excitement in her life. She's not about to rat out Murdock.
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