We have obtained phase-resolved spectroscopy (3660-6040 Angstrom) of t
he recently discovered cataclysmic variable EUVE J2115-586 using the 7
4-inch telescope at Mount Stromlo Observatory. The radial velocity is
modulated over a period of 110.8 min with a possible cone-cycle-per-da
y alias of 102.8 min, and a semiamplitude of approximate to 270 km s(-
1) at H beta and approximate to 390 km s(-1) at He II lambda 4686. The
spectroscopic appearance (H I Balmer, Ca II, He I, He Il emission lin
es), the orbital period, and the velocity amplitude indicate that this
cataclysmic variable is probably an AM Her type; the absence of cyclo
tron humps indicates a low intensity magnetic field (B<20 MG). Extreme
ultraviolet emission phased at the orbital period shows evidence of v
ariability, but additional EUV/soft x-ray observations are recommended
. (C) 1996 American Astronomical Society.