Simon Axler is one of America's leading classical stage actors, but his talent - his magic - has deserted him. All the spontaneity and unthinking impulsiveness that made him great has been replaced by a paralysing self-consciousness. Overwhelmed, Axler's wife promptly leaves him, and Axler checks into a psychiatric hospital. It is only when he begins an affair with Pegeen - formerly a lesbian of 17 years - that Axler's regeneration (and then his final catastrophe) can begin.