General considerations and explicit computations using highly correlated Hy
lleraas-type wavefunctions demonstrate how doubly electronically excited au
toionizing helium can be stabilized in the presence of a KrF laser at labor
atory field intensities. This type of stabilization is due to the abrupt su
ppression of the dynamical electronic correlation as the field intensity is
increased beyond a critical value. The generality of the result is stresse
d.