Giant oscillations of the conductance of a superconductor-ferromagnet-super
conductor Andreev interferometer are predicted. The effect is due to the re
sonant transmission of normal electrons through Andreev levels when the vol
tage V applied to the ferromagnet is close to 2h(0)/e (h(0) is the spin-dep
endent part of the electron energy). The effect of bias voltage and phase d
ifference,between the: superconductors on the current and the differential
conductance is presented. These effects allow a direct spectroscopy of Andr
eev levels in the ferromagnet. [S0163-1829(99)04545-2].