1 c. peanut butter
1/2 c. powdered sugar
1/2 c. light corn syrup
2 c. Cheerios cereal
1 pkg. milk chocolate bits

Mix peanut butter, sugar and corn syrup together in medium bowl. When well mixed add cereal and mix well. Melt chocolate and let cool slightly. Make cereal into balls and flatten slightly. Dip in chocolate. Refrigerate 30 minutes.