Pour caramel mixture over cereal in bowl, tossing to coat all sides. Chill for ten minutes, or until easy to handle. Place a piece of wax paper on countertop. With wet hands, form cereal mixture into three-inch balls. Place balls on wax paper.
Place gumdrop on top of each to form stem.
Pipe icing around side of balls to resemble a pumpkin and carefully smooth icing. All Rights Reserved.