With its assets In a sling, a panicked business group decides to solve its tax problems by creating a gargantuan entertainment flop and using it as a tax write-off. Before all you film buffs shout out the name of the famed comedy The Producers, let us introduce you to Panic Button, an earlier, lesser-known comic riff on the same theme. Michael Connors (Mannix) plays the biz groups front man and spearhead of a sham film of Romeo and Juliet that would have made The Bard put down his quill forever if he hadseen it. Essential to the front mans scheme: hire a lead actor (spiritedly played by Gigi' s Maurice Chevalier) whose movies only draw flies, a non-actress vamp to play Juliet (Jayne Mansfield, celebrated early in her career as sex on the rocks ) and adirector (Touch of Evils Akim Tamiroff) proud of his ability to guide actors in portrayals of lampshades and trees. Eleanor Parker (The Sound of Music) also stars.