Simon Watterman, a space archaeologist, discovers the "Munchies" in a cave in Peru. Cecil Watterman, Simon's evil twin brother and snack food entrepreneur, kidnaps the creature. What Cecil does not know is that the creature, when chopped up, regenerates into many new creatures and are they mean!

A college professor teaching a course called "The Psychology of Fear" brings his students (including a psychic) to his home, one dark and stormy night to tell scary stories. The first involves a young couple whose car breaks down by an old, abandoned house. The second has four trendy teenage girls getting lost in a bad part of town and chased by a pack of vicious dogs. Last, a woman on crutches confronting a stalker at the answering service where she works the night shift.