Karchy Jonas (Brad Renfro) is a teenager who has immigrated to 1960's America with his father. Trying to become an American, Karchy wants to fit in with the 'in' group at his high school. So when he gets a job with a slick local disc jockey Billy Magic (Kevin Bacon), he thinks he's finally made it - now he'll be popular, make a lot of money, and win the heart of his first love (Calista Flockhart). Instead, Karchy finds that he has been made an unwitting accomplice in Billy's money-making scam. Now he's learning the hard way that there's more to the American dream than making money and being 'cool'.