In the Ferengi tradition of entering manhood, Nog prepares himself for Starfleet Academy by selling his boyhood possessions. At the same time, Quark acquires a ship that had been promised to him by his cousin Gaila. Suspecting that his cousin gave him a defective vessel, Quark has Rom go over the ship with a fine tooth comb. Surprisingly, Rom finds nothing wrong. To test out the ship, Quark and Rom take Nog to Earth and Starfleet Academy in Quark's new ship.

Voyager discovers energy reading believed to be emanating from the female Caretaker who had been the companion of the male Caretaker that brought Voyager to the Delta Quadrant ("Caretaker"). The remains of the male Caretaker act as a beacon and lead Voyager to a space station with a group of psychically advanced Ocampa being protected by the female Caretaker, named Suspiria.

Birthday boy Carlton just can't stop winning at the Vegas tables...until he starts losing. Big.

From headquarters, Caroline sees that the local surfers are getting territorial again. When Mitch is forced to make a rescue, the locals and the victim's friend end up in a fight, but Logan breaks up the fight. Logan is still pursuing his business venture of Aussie swimwear and he has an important meeting with a major clothing manufacturer. But since his car is with a mechanic, he has to borrow one of the other lifeguards' cars.

Murphy fires her agent and then the rivalry begins when she signs with Jim's agent and gets everything she wants. Jim's jealously builds and is revealed during an airing of the McLaughlin Group.