In heavy saucepan, over low heat, melt morsels with Eagle condensed milk. Remove from heat, stir in remaining ingredients. Spread evenly over wax paper-lined 8-inch square pan.

Chill 2 to 3 hours until firm. Turn fudge onto cutting board; peel off paper and cut into squares. Store loosely covered at room temperature.

Rock Road Fudge; Omit 1 (60z) package semi-sweet chocolate morsels, salt, vanilla and nuts. In saucepan, melt morsels with Eagle condensed milk and 2 tablespoons butter or margarine. In large bowl, combine 2 cups dry roasted peanuts and 1 (10 1/2oz) package miniature marshmallows. Pour chocolate mixture into nut mixture; mix well. Spread into wax paper-lined 13x9 inch pan. Chill 2 hours.