One day my brother wanted to know what it was made of inside and decided to poke it with a pin. I remember, because after he did that, he told me mom that it was bleeding. It looked kind of like gooey redish pinkish gel. That is why I remembered it so well.
I also remember Parachute Pants or as my sister would have said "MC Hammer Pants". My sister used to wear these all the time.