The flight control computer thought they were stalling, but that was because the airspeed data was erroneous (they might have been stalling, as it thought, or they might have been diving, but how can you tell without some kind of speed information - no noise from the wires you'd hear in a biplane!)
transcript: "What's the altitude?" "What do you mean what altitude?" "Yeah, yeah, yeah, I'm descending right?"
Steve86: Sounds like confusion over descent/ascent to me. Then once they got that out of the way the reason for the descent needed to be determined.
expatpat: "but how can you tell without some kind of speed information"
Steve86: Well, one way is to monitor the speed and altitude information available from the GPS system.