1 (12 oz.) pkg. peanut butter chips (2 cups)
1 (14 oz.) can sweetened condensed milk
1 tsp. vanilla

Line a 8 inch square pan with waxed paper. Place chips and milk in top of double boiler over hot water. Stir occasionally until chips are melted and mixture is smooth. Remove from heat, stir in vanilla and spread evenly in pan. Cover and chill 2 hours or until firm. Peel off paper and cut into squares. Makes 1 1/2 lbs. fudge.

Place milk and chips in teflon coated pan and heat over low heat until smooth.