In order to write an expose on how cheerleading demeans women, a reporter for a college newspaper infiltrates the cheerleading squad.

Diane is a sophisticated trainee on the New York Stock Exchange who is suddenly kidnapped and held captive in a North African desert hideaway by Selim, an Arab mogul.

When one of her friends goes missing, Chesty and several fellow WAVEs go looking for her and end up in a world of senatorial corruption and Mafia intimidation.