Terrifying Tales contains three independently-produced shorts running about 20 minutes apiece. Only one of the three; Paul Bunnell's "Final Destination: Unknown" (copyrighted 1989), is actually horror. The other two; Armand Garabidian's "Ten Seconds to Countdown" (copyrighted 1986) and Ephraim Schwartz's "Creatures of Habit" (also 1986), are, respectively, science fiction and drama with only slight mystery components. The three used here are connected only in that they were shorts made by UCLA graduate students. Sadly, none of them is very good. The opening title screens and closing credits have been left intact for each.

A right-wing revolutionary group called Strikeforce goes on a kidnapping and murdering spree in order to obtain a lethal top secret weapon. A Vietnam Vet called Jason Shepherd is called in to track the group down.

In a neon-splashed 1950s, hijinks ensue after a teenage boy steals a ray gun from his bizarre neighbors, who just so happen to be aliens who've embedded themselves within his sleepy suburban neighborhood.

After being given a 24-hour leave from prison, in exchange for which she’ll agree to testify against her mobster boyfriend, Cocoa hits the streets, but quickly discovers that violence lurks around every corner.

A band of misfit teenagers, along with a film studio security guard, must recapture escaped hobgoblins with the ability to make people live out their wildest fantasies.