Nick tells Victor that Nikki got tired of waiting for him. Victor senses there is something else going on. He informs Nick and Victoria that he will get to the bottom of it when he returns. He then calls Ramona to tell her that he will see her next week. Victoria hopes that the attraction for Ramona will be over before Nikki returns home. On their way to Venice, Brad tells Nikki of all the sites he wants to take her to. Jack sends Ashley off on her cruise just as Leanna arrives at the Abbott house. He asks her about Ramona, and Leanna wonders why he is interested. Jack covers by saying he might use her to get to Victor. When he can't find Ramona's phone number, he books a flight to Albuquerque. Diane is getting ready for the cruise when Michael arrives at her apartment. He is sorry, but his work is going to keep him from going on the cruise. He suggests she go with Marissa. Megan asks Tricia to celebrate New Year's Eve with Tony and her. Tricia is reluctant, but then agrees. Sharon asks Tony about his Christmas. He explains that he never told Megan the truth about what happened between Tricia and him. He wants to keep peace in the family. Chris asks Nina if she and Tomas want to party with them on New Year's Eve.
Victoria isn't happy that sales have gone down since they pulled the ad campaign. However, she is happy that the letters seem to have stopped. Victoria asks Ryan what he and Tricia are doing for New Year's Eve. He isn't sure that Tricia can do anything. She is so wrapped up in keeping Tony and Megan away from each other that she can't think straight. When he returns home, he is surprised to find out that Tricia has made plans with Megan and Tony. She tells Ryan that she isn't happy about spending time with them, but didn't know how to turn Megan down. Ryan suggests it's time for her to see a therapist. Megan is thrilled when she is able to get a reservation at the Colonnade Room for four. Tony isn't so sure it's a good idea. Chris asks Tomas to join Paul and her for dinner. Tomas wonders if Nina is coming. Chris is sure she will. Paul informs Nick that Warton is out of prison on bail. Nick wants to get in touch with him. Callie runs into Michael Baldwin and asks him about her marital situation. Ashley and Diane run into each other on board the ship.
Nick goes to the warehouse to seek out Larry Warton. He confronts him, telling him to stop writing letters to Victoria. Warton denies writing any letters, but challenges Nick to a fight. Nick leaves for the coffeehouse to celebrate New Year's Eve with Sharon. Victoria is there waiting for Ross to arrive. Nick tells her she doesn't have to worry about "the fan" any longer. All of this is happening as Warton watches through the window. Callie is leery of Michael's intentions regarding her divorce. Malcolm walks in and wonders what's going on. Ryan isn't comfortable meeting Megan and Tony at the Colonnade Room. He doesn't feel Tricia is in the right frame of mind, but Tricia is determined to go. When they arrive, Tricia is disgusted to see Tony kissing her sister. Ashley and Diane must decide whether to make the cruise unbearable for each other or to tolerate each other. Neil and Olivia stay home and spend a quiet New Year's together.
Ross joins Victoria at the Y2K party at the coffeehouse. He isn't happy when Gary joins them and lets him know it. Gary decides to leave and gives Victoria a friendly kiss goodnight. Warton enters and watches Nick and Victoria dancing. Nick forces him to leave. Later, Victoria finds another letter from "the fan" tucked in her purse. Billy and Brittany decide to leave the Y2K party and go with J.T. and Rianna over to her house. Her parents aren't home and there is liquor in the cabinet. Raul goes to visit Mac, who is staying home with Kay and Brock. He gives her a belated Christmas present and she gives him a kiss. John invites Jill to spend the evening with him. Chris tells Nina that she and Paul insist that Nina and Tomas join them for dinner at the Colonnade Room. Nina is surprised that Tomas agreed to go. Tricia can't stand the fact that Tony is out on the dance floor kissing Megan on the neck. Tricia is so flustered she spills a glass of water all over her and must excuse herself to go to the ladies room. When Tony goes to pay the bill, Tricia confronts him. She slaps him, then suddenly kisses him intensely.
A 1989 classic episode of Y&R aired in place of a new episode due to the holiday.