Hammerhead Is Out! Continued from last issue... Falling to his doom, Spider-Man escapes this fate by creating a web-hang glider, even though he makes a rough landing. Fixing up his Spider-Man costume at his apartment, Peter is stuck dealing with Glory Grant who pops by for a visit, and Mary Jane who rushes over to Peter's apartment when she learns of the damage and sudden disappearance of Aunt May. Peter plays dumb, hoping for some way to get out of there so he can resume his search for Aunt May as Spider-Man. He gets just what he wishes for when Joe Robertson calls him and asks him to come to the Bugle. There, Peter is only asked to check out the spectacle of Jameson's latest replacement secretary since Betty Brant went on her honeymoon with Ned Leeds. When word about Dr. Octopus kidnapping an old woman and taking control of Brooklyn Labs gets out, Peter rushes out there as Spider-Man. There, Dr. Octopus is building a device he hopes will destroy the ghost of Hammerhead which has been haunting him since Hammerhead's supposed death. However, he is delayed by not only the arrival of the Hammerhead ghost (who starts terrorizing both May and Octopus), but the arrival of Spider-Man. However, Spider-Man's intervention allows for Hammerhead's spirit floating into the path of the device. Octopus actives the control hoping to be rid of his tormentor forever, however something entirely unexpected happens: Hammerhead is restored back to a physical body. This story is continued next issue....