Instructions: In saucepan, saute onions in margarine. Add cream cheese and milk; stir over low heat until cream cheese is melted. Stir in Velveeta cheese spread, pepperoni and parmesan cheese; heat thoroughly, stirring occasionally. Top with parsley. Serve with chips or vegetable dippers. 2-1/2 cups.

MICROWAVE: Reduce milk to 1/3 cup. Microwave onion and margarine in 1-1/2 quart casserole or bowl on High for 1 to 2 minutes or until onions are tender, stirring every minute. Stir in cream cheese and milk; microwave 1 to 2 minutes or until sauce is smooth, stirring every minute with wire whisk or wooden spoon. Stir in Velveeta cheese spread, pepperoni and parmesan cheese; microwave 2 to 4 minutes or until thoroughly heated, stirring every minute. Top with parsley.

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