Preheat oven to 350. Combine cake mix, water, butter and egg in large bowl. Beat with mixer at low speed until moistened. Increase speed to medium; beat 1 minute. (Dough will be thick) Stir in chips and nuts; mix until well blended. Drop dough by heaping teaspoonfuls 2 inches apart onto greased cookie sheets. Bake 10-12 minutes or until set. Let cookies stand on cookie sheet 1 minute. Remove cookies to wire racks; cool completely. Makes about 4 dozen... Once you get the hang of this recipe, there are many variations, combinations, etc... Our favorite around this house is with white cake mix, no chips or nuts, with canned orange frosting...