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Place potatoes in 2-quart saucepan. Cover with water. Bring to boil. Reduce heat to low; cover and simmer 7 minutes or until potatoes are just tender. Drain. Pat dry with paper towels; set aside.
Meanwhile, heat 2 tablespoons of the oil in large nonstick skillet on medium heat. Add onion and bell peppers. Cook 5 minutes or until tender, stirring occasionally. Add potatoes, remaining 4 tablespoons oil, seasoned salt and seasoned pepper. Cook 5 minutes or until crisp and golden brown, stirring occasionally.