A central black hole in M32

Observations are presented of the stellar rotation and velocity dispersion in M32. The projected rotation curve has an unresolved cusp at the center, with an amplitude of at least 60 km/s. The stellar velocity dispersion is constant at 56 + or - 5 km/s to a radius of 20 arcsec; a central bump in the observed dispersion is an artifact due to the rotation. The form of the rotation is such that isophotes have constant angular rotation velocity. The three-dimensional rotation field is modeled and the internal mean rotation of the stars around the center of M32 must reach at least 90 km/s at a radius of 2 pc. Hydrostatic equilibrium then requires 3-10 x 10 to the 6th solar masses of dark mass within the central parsec of M32. The possibility that M32 is undergoing core collapse and that this dark mass consists of dark stellar remnants is discussed, but ultimately rejected because the time scale for core collapse of M32 should be 2000 Hubble times. A more likely explanation of this dark mass, especially because of the presence of an X-ray point source at the center of M32, is a massive black hole.