5 c. Frosted Flakes cereal
1 c. salted peanuts
1 (12 oz.) pkg. peanut butter morsels
1 (6 oz.) pkg. semi-sweet chocolate morsels

In large bowl. Stir together Frosted Flakes cereal and peanuts. Place peanut butter morsels and chocolate morsels in a small microwave bowl. Heat on high 2 minutes, stirring after 1 minute. After cooking, stir morsels until smooth. Pour melted morsels over cereal and peanuts, stirring until cereal and peanuts are coated.

Drop by round tablespoons onto cookie sheet lined with waxed paper. Chill until set, approximately 15 minutes. Store at room temperature. Makes 3 1/2 dozen.