GX339-4 - A new black hole candidate

HEAO-1 observations of aperiodic variability in the galactic X-ray source GX339-4 (4U 1658-48) on time scales of tens of milliseconds to a few seconds are reported. It is shown that the overall characteristics of GX339-4 place it in the same class of X-ray sources as Cyg X-1 and Cir X-1, which are candidates for black holes in binary systems. The detection of X-ray flares from GX339-4 is discussed, particularly a series of five sequential flares with separations of about 250 ms.