Gus and Holger, two students in Uppsala, have problems with the rent. They are waiting for money from their uncle, but instead of money they are reached by the news that he has gone bankrupt.
A sheep rancher entrusts his goofy sheepdog Dizzy to guard his herd one night. The dog is told to blow a whistle when he sees a wolf, but he spends his time fooling his master by "crying wolf," and he proceeds to blow the whistle for no reason other than to excite the farmer.
"The Man from Cairo", a Michaeldavid production for distribution by Lippert, with Ray Enright the only credited director on the film print, finds Mike Canelli, the man from Cairo, nosing around Algiers with mystery surrounding the people he meets and the things he does and has done to him, all deriving from the war-time theft of $100,000,000 in gold which lies somewhere in the adjacent desert.