Jimmy Olsen seems to have the mentality of a six year old. He is always amazed by things and tries them. Since he seems to survive (usually with the help of Superman) he continues to bumble into scrapes, often taking Lois with him. Here he has been to a variety show where he has seen a magician levitating someone. When Perry White, once an amateur magician himself, does the same to Lois, he is hooked. He has to know how to do this. The other plot going on is a man named Griswald who is the head of a bunch of jewel thieves who have been thwarted time after time by Superman. The hook up with a scientist who has found a way to pull Kryptonite from space and produce a rain-like set of rays. The idea is to attack Superman with these rays and kill him. Hmmm...I wonder what would draw Superman to a place where this can happen. Of course, Lois and Jimmy answer an ad that says magic can be taught for five bucks. They are kidnapped and put in a big concrete pit where Supreman eventually will go and be attacked by the scientist's invention. The conclusion is fun but absolutely ludicrous, even in Superman terms.