Combine the first 5 ingredients in a large skillet, stirring well.

Bring to a boil, stirring contstantly.

Reduce heat, and simmer 2 to 3 minutes or until mixture is thickened, stirring occasionally.

Remove from heat; stir in cherries and almond extract.

Place amaretto in a small, long handled pan; heat just until warm. Ignite with a long match.

Pour over cherry mixture, stirring gently until the flames die down.

Scoop 1/2 cup ice milk into each individuall dessert bowl. Spoon cherry mixture evenly over ice milk.

Serve immediately.