Episode #701 "Time Is On My Side"

701 Red bans Eric from eating in the house because Eric doesn't have a plan for what he's doing with his life. Eric talks with Donna to set things straight after not showing up for the wedding, to figure out where they stand with each other, and to come up with a plan. They decide to just hang out, get back in touch with themselves. Donna says she has a plan, working at the radio station and being a feminist; also, Donna's dyed her hair blonde, which thrills Eric. And Fez. Eric announces to the guys that he and Donna have decided not to talk about their relationship anymore, that they're not using labels, they're just hanging out. Fez points out that Eric has no plans or responsibilities, it's a great way to live; Eric realizes he's right and decides on his plan: to take the year off. But since he'll need money, he decides to finance his year off by selling Donna's engagement ring. She's surprisingly fine with the idea, but reveals that when she was mad at Eric for blowing off the wedding, she threw it off the water tower and it's gone. The gang goes to the water tower to search for it with Kelso leading the detective work, but no luck. They make fun of Eric for buying Donna such a tiny engagement ring, and Eric falls off the water tower. He lands on the engagement ring and, empowered, tells Red his plan to quit his job, hang out with Donna, and do nothing about his future. Bob still hasn't decided whether to stay with Pam or Midge, and the two women are fighting over him. While Red likes Pam better, Kitty tells Red she wants Bob to pick Midge. Red finds Bob hiding from the women and talks to him. Bob's really torn, he loves Pam, but Midge is Donna's mother. Bob asks Donna to choose for him, but Pam makes it easy. She says she's leaving, giving Bob and Midge a chance. She also asks Jackie to move back home with her, which Jackie is thrilled to do.