\documentstyle[paasms4,pptwocol,psfig]{preprint} \def\ltsima{$\; \buildrel < \over \sim \;$} \def\simlt{\lower.5ex\hbox{\ltsima}} \begin{document} \input pub.sty \title{MULTIWAVELENGTH MONITORING OF THE BL LACERTAE OBJECT\\ ~\\ PKS~2155--304 IN MAY 1994. II.~THE IUE CAMPAIGN} \author{Elena Pian,\thanks{Space Telescope Science Institute, 3700 San Martin Drive, Baltimore, MD 21218.}\morethanks{Guest Observer with the International Ultraviolet Explorer.} C.\ Megan Urry,\samethanks{1}\moresamethanks{2} Aldo Treves,\thanks{Dpt.\ of Physics, University of Milan, via Celoria 16, I-20133 Milan, Italy.}\morethanks{Scuola Internazionale Superiore di Studi Avanzati, via Beirut 2-4, I-34014 Trieste, Italy.} Laura Maraschi,\thanks{Osservatorio Astronomico di Brera, via Brera 28, I-20121 Milano, Italy.}\moresamethanks{2}\\ \and Steve Penton,\thanks{University of Colorado, JILA, Campus Box 440, Boulder, CO 80309-0440.} J.~Michael Shull,\samethanks{6} Joseph E.\ Pesce,\samethanks{1}\moresamethanks{2} Paola Grandi,\thanks{IAS/CNR, via Enrico Fermi 23, CP67, I-00044 Frascati, Italy.}\\ \and Tsuneo Kii,\thanks{Institute for Space and Astronautical Science, 3-1-1 Yoshinodai, Sagamihara, Kanagawa 229, Japan.} Ron I.\ Kollgaard,\thanks{Department of Astronomy and Astrophysics, The Pennsylvania State University, University Park, PA 16802.} Greg Madejski,\thanks{Laboratory for High Energy Astrophysics, Goddard Space Flight Center, Greenbelt, MD 20771.} Herman Marshall,\thanks{Eureka Scientific, Inc., 2452 Delmer St., Suite 100, Oakland, CA 94602}\\ \and Willem Wamsteker,\thanks{ESA IUE Observatory, P.O.\ Box 50727, 28080 Madrid, Spain.} Annalisa Celotti,\samethanks{4}\morethanks{Institute of Astronomy, Madingley Road, Cambridge, CB3 0HA, United Kingdom.} Thierry J.-L. Courvoisier,\thanks{INTEGRAL Science Data Centre, 16 Chemin d'Ecogia, CH-1290 Versoix, Switzerland.}\\ \and Renato Falomo,\thanks{Osservatorio Astronomico di Padova, via dell'Osservatorio~5, I-35122 Padova, Italy.} Henner H.\ Fink,\thanks{Max Planck-Institute f\"ur Extraterrestrische Physik, Giessenbachstrasse, 85740 Garching bei M\"unchen, Germany.} Ian M.\ George,\samethanks{10} Gabriele Ghisellini\/\thanks{Osservatorio Astronomico di Brera, via Bianchi~46, I-22055 Merate, Italy.}} \pub{The Astrophysical Journal} \recacc{8 July 1996}{2 August 1996} \maketitle \abstract{ PKS~2155--304, the brightest BL~Lac object in the ultraviolet sky, was monitored with the IUE satellite at $\sim1$~hour time-resolution for ten nearly uninterrupted days in May 1994. The campaign, which was coordinated with EUVE, ROSAT, and ASCA monitoring, along with optical and radio observations from the ground, yielded the largest set of spectra and the richest short time scale variability information ever gathered for a blazar at UV wavelengths. The source flared dramatically during the first day, with an increase by a factor $\sim2.2$ in an hour and a half. In subsequent days, the flux maintained a nearly constant level for $\sim5$ days, then flared with $\sim35$\% amplitude for two days. The same variability was seen in both short- and long-wavelength IUE light curves, with zero formal lag ($\simlt2$~hr), except during the rapid initial flare, when the variations were not resolved. Spectral index variations were small and not clearly correlated with flux. The flux variability observed in the present monitoring is so rapid that for the first time, based on the UV emission alone, the traditional $\Delta L /\Delta t$ limit indicating relativistic beaming is exceeded. The most rapid variations, under the likely assumption of synchrotron radiation, lead to a lower limit of 1~G on the magnetic field strength in the UV emitting region. These results are compared with earlier intensive monitoring of PKS~2155--304 with IUE in November 1991, when the UV flux variations had completely different characteristics. }