Predator.  The Arnold Schwarzeneggar movie that started it all.  Although this toyline was releases in the early nineties, many would consider that it to be part of the late eighties Aliens line.  Besides the movie, there was a whole comic series, a movie sequel and plans for an "Aliens vs Predator" movie.

There were two series of the toys, sometimes classified as Series 3 and Series 4 (of the Aliens toyline).  The Predator were advertised and marketed as an alternative enemy to the Aliens, even the packaging on the toys shows this.

Series 3 had six figures.  They were comparable with Aliens figures of the time.  Each figure had its unique action as well, so they are actually quite fun toys.  Now the best one of the lot, in my opinion, is the glow-in-the-dark Stalker, complete with glow-in-the-dark helmet and missles.

You can check out pictures of all the toys at the Aliens versus Predator Epicenter.
More Predator information, including links and comic scans can be found at Eyes of the Hunter.

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