  The nuclear region of M87 was observed with the Faint Object Spectrograph
(FOS) on the Hubble Space Telescope (HST) at 6 epochs, spanning 18 months,
after the HST image quality was improved with the deployment of the corrective
optics (COSTAR) in December 1993. From the FOS target acquisition data, we have
established that the flux from the optical nucleus of M87 varies by a factor ~2
on time scales of ~2.5 months and by as much as 25% over 3 weeks, and remains
unchanged (<= 2.5%) on time scales of ~1 day. The changes occur in an
unresolved central region <= 5 pc in diameter, with the physical size of the
emitting region limited by the observed time scales to a few hundred
gravitational radii. The featureless continuum spectrum becomes bluer as it
brightens while emission lines remain unchanged. This variability combined with
the observations of the continuum spectral shape, strong relativistic boosting
and the detection of significant superluminal motions in the jet, strongly
suggest that M87 belongs to the class of BL Lac objects but is viewed at an
angle too large to reveal the classical BL Lac properties.
