Ultrafast melting of a charge-ordered state has been observed in the photo-
irradiated colossal magnetoresistive compound Pro(0.7)Ca(0.3)MnO(3). Pump-a
nd-probe spectroscopy experiments reveal the formation of a conducting phas
e with typical features of an insulator-metal transition (IMT) after less t
han 1 ps. This phase is metastable and can be maintained for about 1 mu s u
nless it is stabilized persistently into a pathlike metallic region by an e
lectric field. Although laser-induced lattice heating may play a role in th
e initial excitation, electronic correlations are the dominant effect which
leads to the formation of the metallic state upon the breakdown of the cha
rge-ordered state.