Chocolate Drops

1 12-ounce package semi sweet chocolate chips
1 14-ounce can sweetened condensed milk
1/4 cup butter
1 teaspoon vanilla
1 cup all-purpose flour
1 cup chopped pecans

Preheat oven to 350. In a heavy medium saucepan melt together chocolate chips, sweetened condensed milk, and butter. Remove from heat. Stir in vanilla, flour, and pecans. Drop by teaspoonfuls onto an ungreased cookie sheet. Bake about 7 minutes.