It won't be long after watching Forgotten Tales before you'll struggle to remember anything about it (other than how bad it was). It really is that forgettable. About the only thing I can vividly recall is its lame attempt at emulating Creepshow's comic-book approach, the stories introduced using illustrations, and closing with a badly rendered comic style freeze-frame.
After checking my notes to remind myself of what happened, I can tell you that the three stories are as follows: Ghost Story, in which a woman moves into a haunted house and falls prey to her serial killer landlord; The Babysitter, in which a babysitter is stalked by a maniac (how original); and Audition, in which an aspiring actress is pestered by an obsessive director.
Amateurish on almost every level (direction, sound, acting, writing), the film's one saving grace is that it is mercifully short, clocking in at just over an hour (despite what IMDb states), meaning that it won't be all that long before you can get on with watching something much better instead.