J. Jonah Jameson and Joe Robertson look over a possible Bugle layout. JJJ wants to run another “Spider-Man: Threat or Menace?” headline, but Robbie suggests the story that Peter and Ben Urich are working on. Across town, Peter photo-graphs the Great Turhan, a self-styled Swami, who is demon-strating the Dim Mak, a death touch, on a young girl. Before he can reverse the touch, the Punisher kills him. Spidey tackles the Punisher, but he shoots the web-slinger with a mercy bullet and escapes. At the morgue, the coroner pricks his finger on Turhan’s ring and dies. The Punisher fi nds the body and the poison, but Dr. Octopus attacks him and makes off with Turhan’s body. Spidey drops in at Turhan’s offi ce and questions one of his assistants who reveals Turhan’s ring was gimmicked with a drug he and his brother were to deliver to Pier 43. There, the brother drops a canister of the poison into the river. The Punisher dispatches him and follows, fi nding Doc Ock in his hideout placing a blackmail call to the mayor. Ock pours a beaker of poison into Punisher’s face causing him to fl y into a rage, and attack the arriving Spidey. While fending off Punisher, Spidey reads Ock’s notes and concocts an antidote, pouring it down the Punisher’s throat, restoring his sanity, then taking it to the hospital to save the young girl poisoned by Turhan. Ock, meanwhile, infi ltrates the Bugle to poison the ink in the printing press. Spidey webs the Punisher to a pier piling and gets to the Bugle in time to stop Ock. On Pier 43, the Punisher allows the police to arrest him so he can get at the criminals in jail. Back at the Bugle, Robbie convinces JJJ that telling the public about the poison ink plot will scare them out of ever buying the paper. Jonah goes with “Spider-Man: Threat or Menace?” after all.
Although unnamed, the mayor is intended to be Ed Koch & one Bugle employee resembles Jimmy Olsen. Includes 3 features: “Just how Strong is... Spider-Man?” (3 pages): Mark Gruenwald (writer, layout), Bob Layton (fi nished art), featuring Hulk, Thor, Hercules, Wonder Man, & Iron Man (as Super-Heavyweights) Thing, Sub-Mariner, Doc Samson, Sasquatch, Vision, Thundra, & Black Bolt (as Heavyweights), Valkryie, She-Hulk, Power Man, Goliath (Bill Foster), Silver Surfer, Colossus, Ghost Rider (Johnny Blaze) & Spider-Man (as Super-Mediumweights), Tigra, Nighthawk, Werewolf by Night, Spider-Woman (Jessica Drew), Beast, Aquarian & Captain Britain (Brian Braddock) (as Mediumweights) & Falcon, Ka-Zar, Iron Fist, Black Panther, Captain America (Steve Rogers), Moon Knight, Daredevil, Shroud, Wolverine, & Hawkeye (Clint Barton) (as Normal Human). “Peter Parker’s Apartment” (1 page) : Roger Stern (writer), Marie Severin (pencils), Terry Austin (inks), with a corrected version of Peter’s pad than originally presented in ASM Ann #13, ’79. “A Gallery of Spider-Man’s Most Famous Foes!” (4 pages): Roger Stern (writer), Keith Pollard, Greg Larocque (pencils), Frank Giacoia (inks) featuring pin-ups of Man-Wolf, the Jackal, the Punisher, and Tarantula (Anton Miguel Rodriquez).