HOT FUDGE SAUCE

1 cup      semi-sweet chocolate morsels (6 ozs)
4 squares  (1 oz) semi-sweet chocolate
2 tblsp    butter or margarine
1 can      (14 oz) eagle brand sweetened condensed milk
2 tblsp    water
1 tsp      vanilla

In a heavy saucepan, over medium heat, melt chips and margarine with sweetened condensed milk and water.  Cook and stir constantly until thickened, about 5 minutes.  Add vanilla.
Serve warm over ice cream or as a fruit dipping sauce.  Refrigerate leftovers.

Reheating Sauce:
In a small heavy saucepan, combine desired amount of sauce with a small amount of water.  Over LOW heat, stir constantly combine all ingredients.  Cook on 100 0678:1FAEower (HIGH) 3 to 3- 1/2 minutes, stirring after each minute.  Proceed as above.

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