CAKE:

1 c. pecans or walnuts, chopped
1 (18 1/2 oz.) pkg. yellow cake mix
1 (3 3/4 oz.) pkg. Jello instant vanilla pudding
4 eggs
1/2 c. water
1/2 c. oil
1/2 c. dark or light rum

GLAZE:

1/4 lb. butter
1 c. sugar
1/4 c. water
1/2 c. rum

Preheat oven to 325 degrees. Grease and flour 10 inch tube or Bundt pan. Sprinkle nuts over bottom of pan, mix all cake ingredients together. Pour batter over nuts. Bake 1 hour. Invert on serving plate. Prick top. Drizzle and smooth glaze evenly over top and sides. Allow cake to absorb glaze. Repeat until glaze is used up.

For Glaze: Melt butter in saucepan. Stir in water and sugar. Boil 5 minutes, stirring constantly. Remove from heat. Stir in rum. Cool to room temperature.