Total Calories: 528
For meatballs, combine egg, bread crumbs, onion, milk and salt. Add the ground beef and mix well. Shape into 24 1-inch balls. In large skillet, brown meatballs in hot vegetable oil. Drain off fat.
For sauce, drain pineapple, reserving syrup. In medium-size saucepan, combine brown sugar and cornstarch. Blend in reserved syrup, water, vinegar and soy sauce. Cook and stir over low heat until thickened and bubbly. Drain and thinly slice water chestnuts. Stir chestnuts, meatballs, green pepper and pineapple into sauce mixture. Heat to boiling. Serve with rice.
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