Recap: Steven drops by Alexis' office and tells her he just ran into an angry Blake in the elevator. Alexis poutishly complains that Blake bombarded her with empty threats, and Steven's all, "Wha-a?" and asks her for details. She assures him she can handle the old goat, then urges him to go on home to his family...and when Steven offers to drop her off at the penthouse, she fibs and says she has a heavy date planned. After Steven heads home, Alexis orders her male secretary to summon Adam to her penthouse at 8pm - no excuses.
Blake pretends to look over Krystle's upcoming PR presentation, which she's neatly cobbled together in a binder, and tells her it looks just fine. He says he'd like her to attend tomorrow's board meeting...and also have dinner with him tonight. Krystle beams and happily accepts.
Tracy is sitting in Krystle's chair, barking at someone on the phone, "Do you understand?! All press releases go through me!!" When Krystle unexpectedly flounces into the room, Tracy pales and says she thought she left for the day, then struggles to come up with a reasonable explanation as to why she's not using her own desk and phone. Krystle shoots her one of her nauseatingly serene smiles and says that no excuses are needed and that she can sit wherever she likes (which is dumb - tell her to make calls from her own phone). She invites Tracy to lunch sometime so they can discuss how a Public Relations department is supposed to run...and Tracy rubs in the fact that she has lots of experience in the field by telling her that she used to work in PR when she lived in New York, but found it too cutthroat and likes the pace of Denver much better. Krystle's like, "Yeah, whatever" and announces that she has a dinner date with goat daddy. Tracy fake gushes about the special glow she has about her...and Krystle grins and tells her not to work too late. Once Krystle is safely out of earshot, Tracy contorts her face in an angry expression and snaps, "Good night, boss."
Jeff drops in on Alexis to accuse her of trying to kill him with the toxic paint, but Alexis denies that's she's ever done anything to hurt him. He reminds her that she tried to drag him off to Switzerland in the Battle Lines episode, presumably to finish the job she started...but Alexis dramatically shakes her head and cries, "No!" and says she was only trying to protect him and help him to get well. Jeff doesn't buy that and now thinks she might also be responsible for Cecil's death, and snipes, "Black widow." He then demands that she sell him back the shares of ColbyCo she tricked him into signing over to her when he was all squirrelly from the toxic paint, and Alexis is all, "Wha-a? Tonight?" Jeff says he's not going anywhere until she calls her lawyer and gets the papers drawn up, and Alexis lets out a loud sigh and calls Gerald.
Blake and Krystle are dining at a swanky restaurant, engaging in flirty banter. He reminds her that this is the very restaurant they went to on their first date, and Krystle recalls being very nervous...and that she fell in love with him [and his wealth...mostly his wealth] on that date. Blake puts his sad face on and says he can't help but assume that she fell out of love with him when she moved to the La Mirage, but Krystle smilingly assures him that he didn't lose her...she just wanted to be alone for awhile to "find" herself.
Jeff tells Kirby that he and Fallon went to Montana to investigate Adam for possibly trying to kill him via paint poisoning, and she gets annoyed that he didn't tell her this earlier. He promises to share everything with her from now on, and she snarkishly goes, "Everything? Even your love?" and accuses him of being interested in another woman...and by another woman, she means Fallon. Jeff says he can't just block Fallon out of his life, then half-heartedly chokes out an I love you. Kirby orders him to prove it, then strips off his shirt and barks, "Love me now!" Jeff irritably says his pecker's not in the mood right now, then angrily retorts, "Love means more to me than just performance!" and storms out of the bedroom.
Alexis arrives at the penthouse wearing a fantastic fur coat with a matching hat, and finds Adam drinking at her little bar. She urges him to put the drink down, 'cause the conversation they're about to have is going to require that he has all of his wits about him. She says that since he framed her for Jeff's poisoning, she's no longer protecting him from anything. She vows that he won't get away with tricking her into signing the toxic paint invoices...then stares at him with her head cocked to the side and says she doesn't even know him sometimes. She breathily asks, "Who are you?" and he smugly retorts, "My mother's son." Alexis says that she, unlike him, would never kill anyone to gain power, and Adam mulls that over for a few seconds and says, "If put to the test, I wonder." A frustrated Alexis orders him to tell Blake the truth about his role in Jeff's poisoning, but Adam says he's happy with the version of the story he told his father and has no plans to change it. He shoots her the stink-eye and says, "People do finally get what they deserve" and stiffly stalks over to the elevator.
In front of her door at the La Mirage, Krystle thanks Blake for a lovely evening...and when Blake tries to get invited in for a "brandy", she declines and stammers, "It was a lovely evening, but - " and Blake says he understands. He smiles and says, "You're working now. You need your sleep" then leans in for a good night smooch. Blech.
Jeff tells Fallon he got all of his ColbyCo shares back from Alexis...then gazes at her wantonly. Fallon tells him to knock it off and snaps, "What about Kirby?" but Jeff continues to gaze at her and says he still thinks they belong together and can't believe their marriage is over. Fallon disagrees and tells him she has no desire to be tied town, and would prefer to be hitting the sack with someone who doesn't need her as pathetically as he seems to. Jeff asks, "A young Blake Carrington..?" - ew ew &^%$#! ew ew ew!! - and Fallon mulls over the disturbing suggestion and tells Jeff she has no desire to go backwards in life. Or dabble in anything that might give viewers the idea that she secretly yearns to doink her daddy.
Alexis is roused awake when she thinks she hears noises, and rushes downstairs. She cries, "Who's there? Adam?" then turns the lights on and peeks around fearfully, but there's no sign of an intruder in her penthouse.
Steven and Claudia are in bed, doing their best to enjoy a hetero canoodle. Claudia moans to Steven about how much she missed him when he was in San Francisco...and a few seconds later, Alexis calls and breathily exclaims, "Thank God you're there!" She tells Steven she thinks someone is in her apartment, but she's too terrified to look around. Steven assures her the building is secure - and Alexis says she knows she's being irrational, but still wants someone to come over and tell her she's not in mortal danger. Steven sighs and says, "I'm on my way", then kisses Claudia and gets dressed.
Blake's butler (new majordomo??) tells him that Farnsworth Dexter from Wyoming called and that he'll be in Denver for a few days and would like to meet with him before the board meeting. Blake nods curtly and thanks the manservant.
Steven searches the penthouse, but finds no sign of an intruder. He assures Alexis that everything is locked up, and she thanks him and breathily tells him he's the only son she can trust. Steven doubts that Adam would break in and do anything nefarious - but Alexis points out that he's a deranged psychopath who has a key to the penthouse. Steven breezily reminds her that she's his mother and therefore probably not in any real danger, then urges her to get some sleep. After he leaves, Alexis stares into space and has a flashback of when she first met Adam...then heads over to the phone and asks the operator for a listing for a Dr. Edwards of Billings, Montana.
Mark approaches Krystle at the La Mirage and says he wants to explain the attempted rape the other night. He says, "I was drunk, and I came on like an idiot" but Krystle says she's not angry after being violently assaulted by him 'cause he once saved her from dying in a burning cabin. One cancels out the other, I guess. She reminds him that they're just friends, and he agrees and sulkily whines, "You don't have to paint me a picture" even though it's clear he needs a gigantic painting that illustrates the various reasons why he and Krystle can never again be anything resembling lovers.
Mark drops by Alexis' penthouse and accepts the offer she once made to become her bodyguard. Alexis smirkily says she knew he'd find the offer tempting, then hires him. She makes it clear, however, that anything resembling a booty call between the two of them will be a no go...and tells him his quarters are downstairs, and that he'll be at her beck and call 24/7 for whatever inane tasks she needs him to do. Marks says he can start in a week, and she waves him away and tells him she has phone calls to make.
Blake is eating breakfast when the butler announces that Mr. Farnsworth Dexter is here...and then - yay! - "Dex" Dexter finally makes his hottastic Dynasty debut. Blake clucks sympathetically about his father's recent heart attack, and Dex says that since his recovery will be long and slow, he'll be representing all of his father's business interests. He says he heard a rumor that the ColbyCo/Denver-Carrington merger is being called off...and is miffed 'cause he thought the merger was the right move for the company. He then snarks at Blake for abandoning his father in the midst of all the merger turmoil, and says he shouldn't make the mistake of confusing him with his father 'cause he "rarely bends and never breaks". He snaps, "I'll see you at the meeting!" and bitchily stomps out. Prickly fellow, that Dex.
Alexis arrives in Billings and heads straight to Dr. Edwards' office. She tells him she has doubts about Adam really being her son, but Dr. Edwards assures her that he's definitely the real Adam, 'cause he was kidnapped as a baby the same day that Adam Carrington disappeared and somehow that's irrefutable proof. (I wonder why he doesn't suggest a blood test, like the show did when Blake wanted to prove that Fallon was his spawn.) Alexis tells him that Adam betrayed her in a horrible way, and she'd love to expose him for the fraud he is. Dr. Edwards urges her to forgive his crimes, but Alexis insists, "Attempted murder can't be forgiven." Dr. Edwards tells her there may be an explanation for his murderous tendencies... like perhaps they're a result of the "mind expanding drugs" he was once hooked on. Alexis is all, "Wha-a?" so he blabs that Adam once took drugs, got all squirrelly, and exhibited all sorts of distorted judgement and paranoia. He asks Alexis if she'd turn her back on Adam if he were physically disabled, and when she mournfully stares into space, he says she has no choice but to coddle the psycho for the rest of her life.
Blake enters the board room and finds Dex reclining on a chair with his feet on the table...and when Blake glares at the brazen show of disrespect, Dex sheepishly takes his feet down. He explains that he got here early 'cause he doesn't like being late to a "poker game" and knows that Alexis "deals in very high cards". Er, OK..? Alexis, meanwhile, gets off the elevator and runs into Krystle. She cattily tells Krystle that the typing pool is on the first floor - bwahahaha! - and that they don't need secretaries at the meeting. Krystle smugly tells her she's no longer a secretary now that her sugar daddy handed her a top level job she's in no way qualified for...and that she'll be taking notes during the meeting in order to write up a press release. She caustically says, "I'll be sure and send you a copy" and Alexis tries not to laugh as she says, "I can't wait to read your first attempt at literacy." Hee! Me either!
The board meeting is underway when Alexis enters the room. Blake orders her to make a statement regarding the merger, so she says she can no longer recommend the merger of Denver-Carrington and ColbyCo 'cause of how dwarfish Denver-Carrington is in comparison to the awesome goliath that is ColbyCo. Blake grins happily, Dex looks turned on, and the rest of the board members unintelligibly murmur their surprise. When the meeting adjourns and the room empties out, Alexis buries her head in her hands and looks defeated.
Blake and Jeff toast each other on the non-merger, and Blake coos about how sweet victory is. He then puts his serious face on and says he takes little joy in knowing that Alexis is still walking free after what she did to him. Jeff concurs and says she's not finished paying for her crimes.
Krystle sarcastically congratulates Alexis on her performance, and Alexis wearily says, "Not now. I'm not in the mood for your gloating." Krystle says she's merely commenting on what she saw, and Alexis says, "What you thought you saw" then shuffles out of the room. She runs into Adam, who asks her if she had a tough morning. She tells him he has cost her a great deal - but that it's all good 'cause he's her son...and regardless of all the psychotic things he's ever done or ever will do, she'll never not love him. She then steps onto the elevator, and a discombobulated looking Adam stares after her in silent contemplation.
Alexis sits in her office and stares sadly out the window while sipping a stiff drink. Dex enters her office, and a startled Alexis asks him what the hell he wants now that her business with Denver-Carrington has officially been terminated. He says, "Unfinished business" and walks right up to her and gives her a hard smooch. Mmm...that was completely nonsensical, but hot nonetheless. He says he admired her style during the meeting - but liked it better during that kiss. He says they have something in common and should do business together, then gabbles about how he wants to tap into the tar sands of Canada. Alexis says extracting that oil can be very expensive, but he insists that with his muscle and her company's clout, they can make it happen. He's willing to give her 40% of the profits, and she chuckles and demands 80%. He proposes they make it a 50/50 split...but in the end she declines the partnership altogether. Dex snarks that perhaps she's not as smart as he thought...and as he struts toward the door, he says, "But you're a fantastic woman to kiss. Fantastic!" LOL. After he exits the room, Alexis stares after him and touches her lips, no doubt thinking about how fantastic a man he was to kiss.