Ingredients:

  Amount  Measure       Ingredient -- Preparation Method
--------  ------------  --------------------------------
   2      cups          Vanilla Wafer Crumbs
  14      ounces        Carmels ( 1 bag)
   1      cup           Chopped Pecans -- Toasted
     1/2  cup           Sugar
   2      Large         Eggs
   6      tablespoons   Margarine -- Melted
   5      ounces        (1 cn) Evaporated Milk
  16      ounces        Cream Cheese -- Softened
   1      teaspoon      Vanilla
     1/2  cup           Semi-sweet Chocolate Chips *

Preparation:

* Chocolate chips should be melted. Combine crumbs and margarine, press onto bottom and sides of 9-inch spring- form pan. Bake at 350 degrees F., 10 minutes. In 1 1/2-quart heavy saucepan, melt carmels with milk over low heat, stirring frequently, until smooth. Pour over crust. Top with pecans. Combine cream cheese, sugar and vanila, mixing at medium speed on electric mixer until well blended. Add eggs, one at a time, mixing well after each addition. Blend in chocolate, pour over pecans. Bake at 350 degrees F., 40 minutes. Loosen cake from rim of pan; cool before removing rim of pan. Chill. Garnish with whipped cream, additional chopped nuts and maraschino cherries, if desired.