2 T butter
1 c semi-sweet chocolate chips
14 oz can sweetened condesed milk
1 t vanilla extract
Melt butter and chocolate chips in a heavy saucepan over low heat, stirring occasionally. Stir in condensed milk and vanilla: heat, stirring constantly, about 5 minutes or until smooth and hot. Serve warm in a fondue pot or small saucepan set over low heat or hot water: surround with dippers. Makes 6 to 8 servings.