Hot Mexican Potato Salad - Colorado Potato

Ingredients

• 1 lb tiny new potatoes, quartered
• 1/4 cup water
• 1/4 cup picante sauce
• 1 to 2 tablespoons lime juice
• 1 tablespoon olive oil or salad oil
• 1/4 teaspoon salt
• 1/8 teaspoon pepper
• 1 large tomato, seeded and chopped
• 1/2 cup sliced pitted ripe olives
• 1/4 cup sliced green onion
• 1 tablespoon snipped cilantro or parsley