We discuss whether the astrophysical objects responsible for the recently
reported microlensing events of sources in the Large Magellanic Cloud can be
identified as the brown dwarf components of the spheroid of our galaxy, rather
than the constituents of a dark baryonic halo.Comment: 10 pages, Postscript file (3 figures included). Talk given by E.R. in
the 6^th Workshop on Neutrino Telescopes, Venice, February 199