2 Tbls. butter
2 Tbls. flour
1 1/2 c. warm milk
1 - 8 Oz jar dried beef, rinsed and drained well, and cut into one inch pieces
pinch of cayenne pepper
In a medium saucepan, melt butter over low heat. Whisk in flour to form a roux. Whisk in milk, a little at a time, increase heat to medium-high, and cook until thickened, stirring constantly. Bring to a boil. Stir in beef and cayenne pepper. Heat through and serve over toast or biscuits.