ROCKY V on cable (this might not have actually happened in the movie) and then later while on a rescue call he drops his best friend's girlfriend off a 4,000 foot tall cliff. She dies. Gabe is riddled with guilt even though it wasn't his fault. He gives up the mountain climbing rescue biz and splits town. Eight months later he returns to see if his girlfriend wants to join him. Meanwhile, while Sly is talking to his girl, an exciting mid-air robbery happens onboard a government airplane. Long story short, three suitcases containing $100 million is cash are dropped at various locations around the mountain range. The bad guys (John Lithgow and company) make a fake rescue call and then kidnap Sly and his co-worker in order to force them to climb and get the suitcases. Things don't go as planned.
For a 20+ year old movie CLIFFHANGER is looks surprisingly good, plus it's pretty exciting. Beautiful scenery, fast pace, a bunny rabbit, endearingly cheesy 90's special effects, awesome stunts and a impressive supporting cast including John Litgow who does a good job as the bad guy...all the way up until the end when he punches Stallone and Stallone's all like "EERRRRGGGHHH!!!"
Recommended for action fans.