Ingredients:

  Amount  Measure       Ingredient -- Preparation Method
--------  ------------  --------------------------------
   1                    4- to 5-pound well-trimmed -- Beef brisket
   1      teaspoon      Salt
     1/2  cup           Ketchup
     1/4  cup           Vinegar
     1/2  cup           Finely chopped onion
   1      tablespoon    Worcestershire sauce
   1 1/2  teaspoons     Liquid smoke
     1/4  teaspoon      Pepper
   1                    Bay leaf -- finely crushed

Preparation:

Heat oven to 325 degrees. Rub surface of beef brisket with salt. Place in ungreased rectangular pan, 13 X 9 X 2 inches. Mix remaining ingredients; pour over beef. Cover and bake about 3 hours or until beef is tender. Cut thin diagonal slices across the grain at an angle from 2 or 3 faces of beef. Spoon any remaining pan juices over sliced beef if desired. To Grill: After rubbing surface of beef with salt, place on 20 X 15-inch piece of heavy-duty aluminum foil. Mix remaining ingredients; pour over beef. Wrap securely in foil. Grill about 5 inches from medium coals about 1-1/2 hours, turning once, until tender.