3 (13 oz.) cans evaporated milk
2 c. water
1 c. crushed red and white peppermint candies
1/2 c. sugar
Few drops red food coloring

Mix evaporated milk, water, peppermint candies and sugar in large saucepan. Stir over medium heat until candy is dissolved. Stir in food coloring. Serve warm with spoon of ice cream and a candy cane stirrer. Makes about 12 servings.