sweetened condensed milk, and butter or margarine in large microwaveable bowl. Zap in microwave on medium until chips are melted, about 3-5 minutes, stirring once or twice during cooking.
Pour milk over ... melted, microwave for about 30 seconds longer. Stir mixture till smooth (if needed microwave again for about 15 seconds). Add vanilla flavoring and nuts. Pour fudge into foil ...