Family Ties Transcripts
FAMILY TIES
1X16: Margin of Error
Original Airdate: 2/9/1983
Written by: Michael Russnow
Directed by: Tony Mordente
Transcribed by Paul Lytle, with corrections by Daniel Hofverberg
SCENE 1[KITCHEN -- Elyse is at the desk; Steven, Alex, Mallory, and Jennifer are at the table] JENNIFER: We beat Woodsburrough Elementary in field hockey today. STEVEN: That's terrific, Jennifer, how did you do? ALEX: Hey, dad, have you been following what's been happening in the stock market lately? They say that a thousand is going to be the base for the future. Can you picture it? A-a market with a Dow base of a thousand? STEVEN: I grow light-headed at the very thought. ALEX: Look, dad, I've been making a killing on paper everyday. I mean, I-I have a knack for picking what's going to go up and when to get out with a good profit. STEVEN: Alex, charting those stocks is just a school project. JENNIFER: They're thinking of firing the coach now. ALEX: I know it's just a school project, that's what's killing me. Mr. Matthews, down at the brokerage house, he keeps recommending my tips to his clients. MALLORY: Can we talk about something else here? Alex has monopolized the conversation all night. ALEX: Alright, what do you want to talk about, Mallory? You have some keen insight for us about lipstick? STEVEN: Alex, your sister has a point. Enough with the stock market. ALEX: Dad, you're missing a golden opportunity here. It's like taking candy from a baby. JENNIFER: Brings back memories. STEVEN: Elyse, are you finished? ELYSE: I'm, I'm sorry, sweetheart. This project isn't working and it's making me crazy. I think I have the first recorded case of architect's block. MALLORY: What's the problem, mom? ELYSE: Well, I'm-I'm designing a chapel for the university, and the problem is that people from many different religions are going to use it. MALLORY: Why is that a problem? ELYSE: Well, I'm-I'm not sure how to allot the space. I mean, if-if I have four separate alter areas then-then half the time only a fourth of the people will be facing the minister of their choice. STEVEN: What about revolving pews? ELYSE: I'll work on it some more. ALEX: I've been following this one stock here: Sucundo 10. STEVEN: Uh huh. ALEX: It's going to triple at least, but we have to get in on it now. I told the broker we'd call him at home. STEVEN: No way, Alex, you gotta understand that the stock market is a-a very complex, unpredictable thing. My own experience with it has been rather, uh.. ELYSE: We lost a bundle. ALEX: It'll be different this time, all you have to do is reopen the account, I'll handle it from there. STEVEN: All the account consists of are the fifty shares of AT&T my father gave us for a wedding present. ELYSE: And we're not going to risk that. ALEX: The phone company. Where is the challenge? Mallory alone keeps the phone company in business. STEVEN: Alex, Alex, no. ALEX: Mom, it's now or never. Sucundo 10 is going to be the next McDonalds. ELYSE: I'm with your dad on this. I'm sorry if you think we're being unreasonable. [Alex takes dishes to the sink when he passes the phone. He picks up the phone and dials the number] ALEX: Hi, I'd like to speak to Mr. Matthews please. Hi, Mr. Matthews? This is Steven Keaton. [Jennifer looks surprised, but Alex does not see her yet] ALEX: Yes, Alex Keaton's father. Yeah, I'd like to reopen my account and purchase one hundred shares of Sucundo 10 at the opening bell. JENNIFER: (in horror) Uh. ALEX: [seeing Jennifer] Um, pardon me for a moment. [muffles the phone] JENNIFER: Alex, you're not dad! That's plagiarism! ALEX: Just be quiet for a minute, Jennifer, I can explain all this. JENNIFER: I don't think I could be quiet, Alex. ALEX: Chew on this then. [Alex puts a dishtowel in Jennifer's mouth] ALEX: [on phone] Uh, sorry to keep you waiting, sir. Just some, uh, prowlers at the back door. JENNIFER: [muffled by towel] Uh. ALEX: Yeah, that's right. Reopen my account and purchase one hundred shares of Sucundo 10. JENNIFER: [muffled] Uh. ALEX: Just use that AT&T stock as collateral. Alright, thank you. Good night. [hangs up phone] Jennifer, this isn't as bad as it seems. JENNIFER: I'll be the judge of that. ALEX: What you just witnessed was done for mom and dad's own good. I mean, their anniversary is coming up. Don't you think they'll surprised when I give them a nice, big, sentimental check? I mean, everybody's going to come out of this a winner. JENNIFER: I know I will. SCENE 2 [KITCHEN -- Alex is on the phone] ALEX: Turn over those five hundred shares of Overdine we bought. Right, and all of the genetic stock. Put everything we have into VIP. Well, thank you. Actually it was the wife's idea. [Elyse is suddenly interested in the phone call. Alex sees that Elyse is in the room] ALEX: Uh, that will be it for today. Bye. [hangs up phone] Huh, I suppose you're wondering what that phone call was all about. ELYSE: Not at all. How's the little woman? ALEX: Um, mom, I was just working on my school project. See I was pretending to buy and sell some stocks, pretending to be grown up with a family and a dog to lend some authenticity to the project, that's all. ...Humor me. ELYSE: I've been doing that for seventeen years, Alex. ALEX: Did you have a nice run? ELYSE: Oh, it was okay. Thought I'd clear my mind but I still haven't come up with any ideas for the chapel. ALEX: Oh, well, don't let it get to you. ELYSE: Well, it's hard not to. I mean, I know I'm a good architect, but suddenly I cannot come up with a simple solution to an easy problem. It shakes my confidence, makes me feel like I don't know what I'm doing. You ever felt like that? ALEX: ...No. JENNIFER: [out of breath] Mom, we're really gonna have to talk about this exercise kick you've been on lately. It's killing me. ELYSE: It's good for you. ELYSE: Mallory, you're back already. You made good time. MALLORY: Yeah, I sort of took a short cut. ELYSE: You mean you didn't go all the way around the park? JENNIFER: She didn't go all the way around the house. STEVEN: Hey everybody. Oh, how's the market doing, Alex? ALEX: Well, I started with, ah, a hundred shares of Sucundo 10, I *** five hundred dollars into three thousand dollars. And I opened a margin account and I made twenty percent return in three days. Then I bought options on a South American oil well, made more than triple value in three weeks, and put everything I have, ten thousand, eight hundred dollars, into VIP. I'm heavily margined but it's double the chance for profit. STEVEN: That's very nice. I forgot what I asked you. ELYSE: What is VIP? ALEX: Video Industries of the Philippines. MALLORY: Maybe you should go there and check your investments. STEVEN: That's great, Alex. I have to say I admire your spirit. It's great to see you're so excited about a school project. JENNIFER: I'm exciting about his project too. STEVEN: Well, I've got an early meeting down at the station, I'll grab a bite there. ELYSE: ***, honey. [They kiss] MALLORY: Oh, boy, here they go. ELYSE: I'm sorry, Mallory, we'll say goodbye at the car. STEVEN: I'm in no hurry. ELYSE: You guys make breakfast? MALLORY: Now that my workout's over I think I'll go change. ...I hope I don't stiffen up. JENNIFER: Sounds like we're doing okay, partner. ALEX: Jennifer, I've turned five hundred dollars into ten thousand dollars, I can't believe how hot I am. JENNIFER: How much is my cut so far? ALEX: A thousand dollars for your college fund and fifty dollars for a new bike. JENNIFER: Not bad just for keeping quiet. ALEX: And mom and dad will see things differently when I give them that check for their anniversary. I'm gonna take them down to the brokerage house tomorrow and surprise them. JENNIFER: Alex, mom and dad can't be bought off, they're not like you and me. ALEX: We're talking about thousands of dollars here, Jennifer. JENNIFER: Of course, a little cash always puts a new perspective on life. SCENE 3 [BROKERAGE HOUSE -- the room is very crowded] ALEX: Hi, how are you? Hi Mr. Matthews. MATTHEWS: Oh, hi Alex. I'll be with you in just a second. I'm having some trouble with the computer here. It keeps jamming. The circuits must be down. ALEX: Oh, have you tried this? [Alex types a few keys and the computer screen clears up] ALEX: See sometimes you have to clear it during this phase or it's a real pain. MATTHEWS: I knew that. [Alex watches the stocks on the screen] ALEX: Hey, look at this. Transallow up a point. Patramco up two and a half, that's terrific. MATTHEWS: Yeah, it's terrific. [Matthews pushes Alex away from the screen] MATTHEWS: Hey, you're as hot as a crystal, Alex. You got the Midas touch, buddy boy. ALEX: Well, I'm glad I talked my dad into investing. MATTHEWS: Oh, and that setback with VIP, while regrettable it's certainly understandable. Excuse me. [Matthews walks away and Alex smiles, then grows very worried] ALEX: What setback with VIP? [He chases after Matthews] ALEX: Um, Mr. Matthews, wha-wha-what was that you just said about VIP? MATTHEWS: Well, there was a typhoon in Manilla last night, millions in damages, the stock dropped twenty-eight points. Excuse me Alex. [Matthews walks away and Alex follows] ALEX: Uh, are you sure? MATTHEWS: About what? ALEX: About the typhoon! The stocks! Are you sure? MATTHEWS: Of course I'm sure, I'm surprised you didn't know about it. ALEX: What am I, a weatherman? I was in school all day, I'm a kid! MATTHEWS: That's right, I forget sometimes. Alex, take it easy. So it's dropped twenty-eight points. ALEX: He bought it at twenty-nine. MATTHEWS: All he has to do is meet the margin call at closing tomorrow. ALEX: H-H-H-H-How-how much is the margin call? MATTHEWS: Twenty-seven hundred dollars, that's no big deal. ALEX: [Alex's "panicked mule sound"] Huuuh. MATTHEWS: Excuse me Alex, I have some customers to take care of. [Alex jumps over a desk and slams the door on Steven and Elyse] MATTHEWS: That's not good for business, Alex. ALEX: Look, Mr. Matthews, those, ah, people out there are my parents. My dad doesn't know about the typhoon or the margin call. MATTHEWS: Look, Alex, the way your dad plays the market, he understands that a twenty- seven hundred dollar margin call isn't the end of the world. ALEX: Yeah, well, ah, let me just tell them in my own way, okay? You don't understand, he takes these things very hard. When he was a boy, a typhoon wiped out his village. MATTHEWS: Okay, Alex, if he's gonna take the news anywhere close to the way you're taking it, maybe you're right. [Matthews walks away and Alex opens the door.] ALEX: You found it. Come on in. STEVEN: Alex, what's going on here? ALEX: Ah, here? This is a brokerage house, they buy, they sell. ELYSE: Alex, you just slammed the door on us. ALEX: Yeah, well, I-I-I didn't want you to come in until everything was just right. [turns to a lady at a desk] Clean up that desk, will you? STEVEN: Why-why did you want us to come down here? What was all this talk about an anniversary present? ALEX: Yeah, well, I just thought this would be the best place to give it to you. [He grabs a Rolodex off the desk and hands it to them] ALEX: Happy anniversary, mom, dad. I love you. SCENE 4 [KITCHEN] ALEX: I don't know why you're making such a big deal about this. ELYSE: Alex, this was not a ordinary afternoon. STEVEN: You tell us to meet you at a brokerage house to give us an anniversary present. When we get there you slam the door in our faces, give us some guy's Rolodex, and send us on our way. I admit, we're not the busiest people in the world, but, um, there are better ways to spend a day. ALEX: Yeah, well, ah, I'm sorry to have gotten you down there under false pretenses, but, ah, I've been trying to, ah, get you to invest for a couple of weeks now, and, ah, I figured that once you got down there, you know, the excitement of the place, the, the roll of the tickertape, the smell of the crowd, you'd catch the fever. I mean, obviously it didn't work, I didn't want it to be a total loss, so I gave you the Rolodex. ELYSE: We don't want to hear anything else about investing, okay? We're not interested. STEVEN: And that's final. ALEX: Well, ah, you can't blame me for trying. ALEX: [in horror] Ohh! JENNIFER: Hey, Alex, how did mom and dad like their present? ALEX: There was no present, Jennifer. There was a typhoon in Manilla. Millions in damages, the stock went way down. If I don't come up with twenty-seven hundred dollars by tomorrow, they're gonna sell mom and dad's stock. JENNIFER: Wow. ALEX: So much for my life. JENNIFER: So much for my bike. ALEX: Jennifer, I need help. I'm desperate. And please, don't say "I told you so." JENNIFER: I won't. I knew it! I knew it! [Alex picks up the phone and dials, getting the number off a paper on the wall] ALEX: Hi, Red Cross? Yeah, um, what would I get if I donated a pint of blood? No, in addition to the lollipop. Oh. How about a gallon? [Hangs up phone] JENNIFER: Alex, I can let you have eighteen dollars and eleven cents. ALEX: Thanks Jennifer. Now all I need is another twenty-six hundred dollars. JENNIFER: You think dad would be suspicious if I asked for a twenty-six hundred dollar advance on my allowance? ALEX: Jennifer, let's try to be discrete about this. We're trying to keep this from mom and dad., remember? JENNIFER: Right. ALEX: I mean, this is just between you and me, right? JENNIFER: Right. MALLORY: So, Alex, what are you gonna do? Sell your soul to the devil or your body to someone who's nearsighted? ALEX: Jennifer. JENNIFER: Sometimes when you keep a secret all to yourself you get a real bad headache. ALEX: I'm the one whose got the headache. MALLORY: Look, Alex, as painful as it may seem, I think the only thing to do here is tell the truth. ALEX: To mom and dad? MALLORY: What, are you crazy? I meant to the broker. Maybe the two of you could work something out. SCENE 5 [BROKERAGE HOUSE] JENNIFER: I still don't see why I have to be here, Alex. ALEX: For sympathy, Jennifer. It's hard to say no to someone when they're holding hand with their ten-year-old sister. JENNIFER: Want me to limp? ALEX: No, ah, just look cute and, ah, be bubbly. Hi Mr. Matthews! MATTHEWS: Hey, Alex, how are ya'? ALEX: Fine, ah, Mr. Matthews, this is my little sister Jennifer. Isn't she sweet? MATTHEWS: Yeah, I guess so. I'm not really good with little kids. JENNIFER: Nice call, Alex. ALEX: Ah, Mr. Matthews, let's say, just for fun, that, ah, my dad ran a little short of cash. MATTHEWS: [laughs] ALEX: Let's even go so far as to say that, ah, that he can't come up with the money to cover the stock. MATTHEWS: [laughs harder] ALEX: Now, you know me, we have a relationship, right? MATTHEWS: Very good relationship. ALEX: Since we have such a good relationship, and you know my dad and I wouldn't let you get stuck, I mean, we, ah, ah, we'd come up with that money just as soon as I, as we could. Now, considering our friendship, and all that I've done for you... [Old Woman approaches] WOMAN: This isn't very good news, is it? MATTHEWS: [deadpans] No, it's not. WOMAN: We invested everything we had with you, our life savings. MATTHEWS: We knew there would be risks going in, we discussed that. WOMAN: But we're retired people, there's no way that we can earn back what we lost. We'll lose our house, our car. MATTHEWS: Sorry. ...Say hi to dad. MATTHEWS: Alex, what was it you wanted? SCENE 6 [LIVING ROOM -- Elyse, Steven, and Mallory are there] ELYSE: I did it. I never thought I'd finish this chapel. STEVEN: You gotta have faith, Elyse. [they look at plans] ELYSE: All the different, ah, religions have been satisfied, I just have that one little blank space down there. STEVEN: That could be the agnostic's lounge. MALLORY: Mom, this drawing's so complicated. Why are there three levels? ELYSE: Well, conceptually it's similar to the Sitidelle of David in Jerusalem. MALLORY: That doesn't help me, mom. ELYSE: Oh, okay, let me, ah, tell you about this in terms you'd understand. Ah, have you ever seen Hollywood Squares? Okay, so now the basic design of the chapel is going to be multi- layered. Each faith will have its own room on one of three levels. Much like the celebrities on Hollywood Squares. Now, ah, down here where Charley Weaver used to sit we'll have the Unitarians. And, ah, over here in Jane Murray's spot the Jews. Right up here in the center: the Catholics. MALLORY: Where Rose Murray used to sit! STEVEN: This is wonderful, Elyse. Why do all the rooms have these connecting doors? ELYSE: In case anyone wants to convert. STEVEN: Hey, kids. ALEX: Ah, listen, I've, ah, got to talk to you guys. ELYSE: I did it, Alex. I finished the chapel. All my problems are over. ALEX: Not so fast, mom. JENNIFER: Ah, Mal, why don't we go upstairs, no would be a good time to.. MALLORY: Um, yeah, you don't have to convince me, I'm with you. STEVEN: Alex, what's wrong? ALEX: Uh, remember that Philippine video stock I was so high on? I'm not so high on it anymore. A typhoon wiped out the company. STEVEN: Well, it looks like it wiped you out too. ALEX: Yeah, well, that's true, I had all my money on that stock. ELYSE: Well, it can't affect your grade that much, it was such a little stock. So now you'll get a B+ instead of an A. ALEX: [Alex's "panicked mule sound"] Huuuh. STEVEN: I sense there is more to this story, Elyse. ALEX: Yeah, well, there is. I, ah, I kinda called the broker, and I kinda told him that I was...you, and I kinda bought some stock with my money. I was going great so I bought some more stock, and some more. And I was heavily margined, there's a margin call, and if I don't have twenty- seven hundred dollars by four o'clock, they're gonna sell your AT&T stock. STEVEN: [Alex's "panicked mule sound"] Huuuh. Alex, let me get this straight: you lied to us, you went behind our backs, you pretended you were me, and you spent money that wasn't yours. ALEX: You make it sound so bad. ELYSE: Alex, I can't even believe you had the nerve to do this. ALEX: Well, I guess I just got carried away. You know, the buying and the selling and the action and the excitement. STEVEN: We've heard enough about your thirst for excitement. You're a high school student, Alex, not a Flying Walenda. ALEX: What a jerk I was. There I was, acting like I had all the answers. Like I was perfect, like I was infallible. Well, I'm not and I know that now. I guess that realization is punishment enough, huh? STEVEN: Not even close. ALEX: I don't blame you. I'm sorry, I really am. ELYSE: Steven, what are we gonna do? I mean are we gonna let them sell the stock or are we gonna come up with the money to cover it? ALEX: Well, as someone who knows the market, it's my opinion.. STEVEN: Alex! We gonna give the broker the money and hold on to the stock. ALEX: Just what I was going to suggest. STEVEN: Elyse, uh, why don't you get a check over the broker, I'll go down to the bank and cover it with savings. ALEX: You want me to go with you? ELYSE: I want you to stay right where you are. And you might as well get real comfortable because you are not moving that spot for the next six months. STEVEN: And this is just the beginning. No movies, no dates. ALEX: Sounds fair. STEVEN: And no TV. ALEX: Not even Wall Street Week? STEVEN: Especially not Wall Street Week. ALEX: Come on, dad! I didn't kill a guy. STEVEN: Alex, I'm out twenty-seven hundred dollars. I am the major investor in an underwater video company in the Philippines. The probably have a picture of me in one of their huts with the caption: "Our Founder." You're lucky to be getting off this easy. ALEX: Uh, listen, just in case, I mean if the stock does go up, we're in this fifty-fifty right? THE END
