Mayoral candidate Charles Palentine uses the goblin situation to take over San Francisco. Venom and Morbius join forces against the goblins but are forced to flee and end up in the abandoned prison Alcatraz. There they discover a hidden diary written by an inmate by the name of Charlie Palene, who once conjured up the goblins with a magic necklace and then imprisoned them underground. Meanwhile, the goblins summon Demogoblin and make him their new leader.
- - In-house column, includes Stan's Soapbox and a checklist of issues on sale.
- - One panel Bull's Eye cartoon, located on the Bullpen Bulletins page.
- - Letters from readers: Josh Hawk, Ranger Joe, Dana Birmingham, Troy Little, Jason Whitmarsh, Bret Slivka & Dave Worman.
