DIRECTIONS

1. Line an 8 x 8 x 2 inch baking pan with foil. Butter foil and set aside.
2. Combine sugar, cream and butter in a heavy 2-quart saucepan.
3. Cook and stir over low heat until blended. Increase heat to medium.
4. Bring to a boil.  Boil for 5 minutes, stirring constantly.
5. Remove from heat and stir in marshmallows and chocolate chips. Stir until chocolate is melted. Stir in cherries, enough food coloring to turn fudge pink and nuts mixing until well blended.  Spoon into prepared pan. Refrigerate until firm.
6. Cut into squares.  Store tightly covered in refrigerator for up to a month.