1 (8 oz.) can water chestnuts, whole, cut into quarters
1 lb. bacon, slices, cut in half

Wrap bacon around water chestnuts and secure with toothpicks. Bake on foil-lined baking sheet at 350 degrees for 30 minutes. Pour off grease.

Blend in blender or processor.

1/2 c. Hunt's catsup
1/3 c. sugar
1 tsp. soy sauce

Dip bacon wrapped chestnuts in sauce and bake at 350 degrees for 20 minutes.