The love of Pee-wee Herman's life is his bicycle. When it is stolen, he is goes on a wild cross country adventure after a fortune teller tells him his bicycle is in the basement of the Alamo. Along the way, Pee-wee encounters an escaped convict, a waitress with wanderlust and a jealous boyfriend, and a mysterious female truck driver.

The also features cameo appearances from Ed Herlihy as the father

of spoiled and obnoxious rich brat "Francis" and James Brolin(Mr.Brolin plays

"Pee Wee Herman"in a fantasy segment)