1 pound stew meat
          2 Tbsp. oil
          3 oz tomato paste
          10  1/2 oz beef broth
          1/2 tsp black pepper
          2 cloves garlic, crushed
          4 Tbsp chili powder
          1/2 tsp cumin
          3 serrano peppers, chopped
          3/4 cup water
          1 tsp cornstarch

          Brown meat in oil.  Poour off excess grease.  Add tomato paste, broth,
          salt, pepper, garlic, chili pwder, cumin, serranos and water.  Bring to boil,
          then simmer on low, covered, for 1  1/2 hrs.  Dissolve cornstarch in tiny amount
          of cold water and slowly pour into stew until proper thickness of gravy is
          obtained.
          Serve with rice and tortillas!