This is probably the only Roger Moore-James Bond movie that effectively mixes action with substance. Most of that comes courtesy of Bond's female sidekick, Melina, who looks like a pretty version of Alanis Morissette. She's out for revenge on the man who killed her parents, and packs a mean crossbow to accomplish it. She crosses paths with Bond, who is tracking the location of a transmitter.
Bond meets two crime bosses, one of which has to be the killer's boss.
It turns out to be the guy masquerading as an Olympic ice skater's sponsor. The skater, a pretty young thing, seems to be the first willing female Bond has ever turned down. There she is, lying naked on his bed as he walks in, but he won't take her up on her request because she's too young. He offers her an ice cream instead of his human popsicle. The Winter Olympics motif makes for some interesting chases.