1 c. sugar
1/4 c. honey
1/2 c. Karo
1 1/2 c. peanut butter
3 1/2 c. cocoa puff cereal

Combine first 3 ingredients in a heavy saucepan and bring to a good boil. Remove from heat and add peanut butter and cereal. Stir until mixed and drop onto waxed paper and cool.