M&M's No Bake Cookies

1 cup granulated sugar
1/4 cup margarine
1/3 cup evaporated milk
1/4 cup peanut butter
1 cup rolled oats
1/2 cup chopped peanuts (salted)
1/2 pound M&M's? candies
1/2 teaspoons vanilla extract

In a heavy duty saucepan, stir over medium-high heat the sugar, margarine and milk. Bring to a boil, stirring continuously, and boil for 1 minute. Remove from heat, stir in remaining ingredients. Drop onto wax paper with teaspoon or tablespoon for larger cookies. Let cool.