1 can water chestnuts
Bacon

Sauce
3/4 cup catsup
2 tablespoons vinegar
1/3 cup brown sugar, packed
1/3 cup granulated sugar

Wrap each chestnut in a half slice of bacon. Secure with a wooden pick. Place wrapped chestnuts on a cookie sheet and bake at 350 degrees F for 20 minutes. Drain on paper towels.

Combine sauce ingredients. Put wrapped chestnuts into a casserole dish and pour sauce over them. Return to oven for another 20 minutes.