We describe the results of a search for microlensing events affecting
stars in the outer bulge and inner disk of M31, due both to masses in
M31 and the Galaxy. These observations, from 1994 and 1995 on the Vati
can Advanced Technology Telescope and KPNO 4 m telescope, are sufficie
nt to rule out masses in the range similar to 0.003-0.08 M. as the pri
mary constituents of the mass of M31 toward this field. Furthermore, w
e find six candidate events consistent with microlensing as a result o
f masses of about 1M., but we suspect that some of these may be cases
in which long-period red supergiant variables may be mistaken for micr
olensing events. Coverage from anticipated data should be helpful in d
etermining whether these sources maintain a constant baseline, and the
refore they are best described by microlensing events.