1 c. sugar
1 can sweetened condensed milk (14 oz.)
1 1/2 c. regular milk
3 eggs

1. Place 1 inch water in a roasting pan. Place the pan in the oven and preheat to 325 degrees.

2. Sprinkle the sugar in an 8 inch ring mold. Place the mold directly over high heat. Keep turning the pan until the sugar melts to a golden brown caramel. Spoon the sugar up the sides of the mold. Be careful; it's a short jump from caramel to burnt sugar. Don't let the molten sugar touch you skin. Let the pan cool.

3. Combine the sweetened condensed milk, an equal volume of regular milk and the eggs in a blender. Whip until smooth. Pour this mixture into the ring mold.

4. Place the pudim in the roasting pan. The water should go half way up the side of the mold. Add boiling water if necessary. Bake for 1 hour or until set. (An inserted skewer will come out clean.) Let cool to room temperature, then refrigerate for at least 6 hours, preferably overnight.