Preheat oven to 450 degrees. Coat a baking sheet with Pam. Place a cooling rack into sheet.
Wrap 4 asparagus spears with a slice of bacon, leaving both ends of the asparagus unwrapped (see note below); place on cooling rack and repeat with remaining asparagus and bacon; sprinkle bundles with pepper.
Bake 18-20 minutes in preheated oven, or until bacon is crisp.
Place on a large platter, sprinkle with sundried tomatoes and cheese. Serve immediately. Makes 12 servings. Enjoy!
Note: If the asparagus spears are thick, you can use 3 per bundle. Adjust the number of spears in each bundle accordingly.