Popcorn Ring

8 qt Popped popcorn
2 c Margarine
2 2/3 c Sugar
1 c Light Karo corn syrup
1 ts Vanilla
2 c Whole pecans
6 c Miniature marshmallows
2 c Small spiced gumdrops

Put popped popcorn, marshmallows, gumdrops, and pecans (optional) in large bowl. Melt butter, add sugar and Karo, bring to a boil, stirring and simmering 3 minutes, add vanilla, pour over popcorn. Mix well, let stand 2 minutes to cool. Press into buttered ring-mold. Unmold onto wax paper. Decorate with cut gumdrops. Or make balls with slightly dampened hands.