Put 6 cups of cornflakes in a large mixing bowl.

In a double boiler:

1 c. peanut butter
1 c. sifted confectioners' sugar
1 (6 oz.) pkg. chocolate chips
1/2 c. chopped paraffin wax

When water starts to boil stir all the above until it comes into a sauce. Add to cornflakes until all are covered, then drop by tablespoons on wax paper. Form with hands so cornflakes do not separate. Ready to eat in 10 minutes.