"Freddy Fingers and Hands Harry" meet and embrace each other. They tell where they've been in the last few years, and as they say goodbye, one says to the other, "on you may want this." He gives back his watch. This exchange of articles continues until one hands back the other person's pair of underwear. Variation: This can also be done as a contest, with one of the finalists ending up with the underwear. The other finalist looks into his pants, yelps, and runs off.