3 (6 oz.) pkgs. semi sweet chocolate bits
1 (14 oz.) can sweetened condensed milk
1 tbsp. vanilla extract
Finely chopped nuts, flaked coconut, chocolate sprinkles, cocoa

In heavy saucepan over low heat, melt chocolate chips with sweetened condensed milk. Remove from heat; stir in vanilla.

Chill mixture 2 hours or until firm. Shape into 1" balls. Roll in any of the above coatings. Chill 1 hour or until firm. Store covered at room temperature.

Amaretto Truffles: Omit vanilla and add 3 tablespoons Amaretto liqueur and 1/2 teaspoon almond extract. Roll in finely chopped toasted almonds.