In this episode:

Mike and Ed discuss the Daily Bugle’s claim that Electro is Spider-Man in disguise. Both Electro and Spider-Man can climb walls, and the Bugle’s photographer claims to have seen someone change from one costume to another. If this is true, what is Spider-Man’s motivation? Is he trying to manage two super brands simultaneously? Electro seems to monetize better than Spider-Man at least…

In this issue:

The people of NYC, including the police, seem to love Spider-Man, as much as criminals fear him. At the same time, Peter Parker is worried about his elderly Aunt May. Meanwhile, Electro, a man who can channel electricity due to a freak accident and warp it to his twisted ends, robs an armored truck and a bank, and even terrorizes J. Jonah Jameson. Jameson watches Electro climb a building using his electricity powers and concludes that he must be another famous wallcrawler, Spider-Man. So much so that Jameson publishes this lurid allegation on the front page of his paper, the Daily Bugle. Spider-Man subsequently battles Electro, and the photos that Peter takes of himself in the battle are misinterpreted by Jameson to prove that Spider-Man and Electro are one and the same. Jameson eventually realizes that his slanderous allegation of Spider-Man being Electro is wrong, when he sees Spider-Man swinging by at the same time that he knows Electro is in a different location. Spider-Man then battles Electro while wearing rubber gloves and short-circuits him with a spray of water.

Assumed before the next episode:

People are skeptical of the Bugle’s claims that Spider-Man and Electro are the same person..

This episode takes place:

While the Bugle is suggesting that Spider-Man and Electro are one and the same.

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