One of those amazingly bad "horror" anthologies that were made back in the 80's. They don't make them like this anymore, and for good reason. Even the opening credits are amazing. I'd suggest you give it a watch if you've got an hour or so.
Follow the link to watch it. (Poor quality, but from what I've heard even the DVD is a poor VHS rip.)
http://www.archive.org/details/DeadtimeStories