1 pkg. (12 oz.) chocolate morsels
1 pkg. (12 oz.) butterscotch morsels
2 cans (5 oz. each) Chinese noodles
1 c. peanuts

Melt chocolate and butterscotch morsels in heavy pan over low flame, stirring constantly. Remove from heat; stir in noodles and nuts, coating evenly. Drop by teaspoonfuls on waxed paper. Refrigerate.