preheat oven to 375. in large bowl stir sugar, tapioca, cinnamon, and nutmeg. add peaches. gently toss until coated. let stand 20 minutes, stirring occasionally.

meanwhile line 9 inch pie plate with half of crust.

stir peach mixture and transfer to pie plate. trim bottom crust. cut slits in remaining crust, place on filling and seal and crumpled edges.

place pie on baking sheet. cover edges with foil. bake at 375 for 25 minutes. remove foil. bake 25 to 35 minutes more till crust is golden and filling bubbly.

meanwhile, in small sauce pan combine brown sugar, butter, water and cornstarch. cook and stir over medium heat til bubbly. stir in pecans. spread warm pecan mixture over hot crust. bake 5 minutes more. cool and eat! cover and refrigerate any leftovers