Hot Fudge Sauce

1 pkg. (8 squares) BAKER'S Unsweetened Chocolate (Or 1 pkg chocolate chips and omit the sugar)

1/4 cup  butter or margarine

2 cups sugar

1/2 cup  milk

1/2 cup whipping cream

1 tsp.  vanilla

 

MICROWAVE chocolate and butter in large microwaveable bowl on HIGH 2 min. or until butter is melted. Stir until chocolate is completely melted.
ADD sugar (unless using chocolate chips), milk and cream; stir until well blended. Microwave 5 min. or until sauce is thickened and sugar is completely dissolved, stirring after 3 min. Stir in vanilla.
SERVE immediately.