British Secret Agent 007 James Bond (Roger Moore) is in Siberia to collect the body of 003 and a microchip. When Bond is back in London M (Robert Brown) and Q (Desmond Llewelyn) are looking over the microchip. They notice that it is from Zorin Industries. Now it just happens that Zorin (Christopher Walken) will be at the Ascot race course with his horses, so they go down to observe him. Of course Zorin's horse wins. It is puzzling as some feel that the horse has been doped, but nothing shows up. Bond goes to visit Zorin as a person who has just inherited some horses and wants information. Bond hooks up with May Day (Grace Jones) one of Zorin's women and companions.
Zorin finds out who Bond really is and tries to have him killed but fails. Meanwhile Zorin is in trouble. He has been working as a KGB Agent but tells his superior General Gogol (Walter Gotell) that he wants nothing more to do with the KGB, and when a sub officer calls Zorin a freak he throws him out of the window. Zorin is a product of Nazi experimentation.
Zorin is trying to blow up Silicon Valley so that the only microchips will have to bought from him, thus cornering the market. Bond will meet up with a geologist by the name of Stacey Sutton (Tanya Roberts). The two will go after Zorin in San Francisco and the rest is up to you to find out if the freak of nature can accomplish his goal.
Director John Glen does a excellent job with this cast and storyline. It fit back then when computers were becoming household features. It is Bond and it is an adventure maybe just not what most were thinking when they saw the title, but it is still Bond, James Bond.