Amanda insists Alexis acknowledge their relationship and begs her to reveal her father's identity. Alexis tells her it was simply an anonymous ski instructor in Gstaad. Steven and Alexis reconcile and he rejoins Colbyco, where Luke Fuller, an attractive young man, has just been hired as public relations director. Claudia enters Steven's office to find Luke straightening her husband's tie. Amanda goes public with a front page story announcing she is Alexis' illegitimate daughter. Jeff meets an attractive young widow, Nicole, whose late husband was Peter DeVilbis.

Blake buys back his racehorse Allegre from owner Daniel Reece, who sends Krystle a gift. Furious, she demands to know how he dare approach her after what happened with her sister, Iris. Amanda learns she is Blake's daughter. Blake, meanwhile, has contacted his father, who claims that Dominique is not his daughter. Claudia confesses her affair with Dean Caldwell to Steven.