  The eclipsing supersoft X-ray binary CAL 87 has been observed with Chandra on
August 13/14, 2001 for nearly 100 ksec, covering two full orbital cycles and
three eclipses. The shape of the eclipse light curve derived from the
zeroth-order photons indicates that the size of the X-ray emission region is
about 1.5 solar radii. The ACIS/LETG spectrum is completely dominated by
emission lines without any noticeable continuum. The brightest emission lines
are significantly redshifted and double-peaked, suggestive of emanating in a
2000 km/s wind. We model the X-ray spectrum by a mixture of recombination and
resonant scattering. This allows us to deduce the temperature and luminosity of
the ionizing source to be kT = 50-100 eV and L_X = 5E37 erg/s.
