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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (4808)	3/12/1998 12:06:00 AM
From: Lazlo Pierce	Read Replies (1) \| Respond to of 18691

Pancho, Talk about another October crash. See below. *************************** <<March 11 - Astronomers say there's a slight chance that a mile-wide asteroid will hit Earth in the year 2028, creating a global catastrophe. Such a collision is by no means a sure thing, and earthlings have 30 years to figure out exactly how close Asteroid 1997 XF11 will come and what to do about it. But astronomers who keep track of near-Earth asteroids rank this as their biggest concern ever.... ÿ ÿ ÿ ÿ ÿ ÿ ÿ ÿThe impact of an asteroid one mile across would have a catastrophic effect on Earth, creating a thermonuclear-scale explosion and a day-darkening dust cloud if it hits land, overwhelming tsunami waves if it plunges into an ocean. Paleontologists believe such impacts have caused episodes of mass extinction - including the death of the dinosaurs 65 million ago. ÿ ÿ ÿ ÿBut astronomers stressed that it was far too early to hit the panic button. ÿ ÿ ÿ ÿ KEEPING A CLOSE WATCH ÿ ÿ ÿ ÿThe asteroid was first spotted just last December by Jim Scotti, senior research associate at the University of Arizona's Spacewatch Project. In the 88 days since then, astronomers have been keeping increasingly close watch on XF11 - finally leading to the bureau's alert Wednesday. ÿ ÿ ÿ ÿThe asteroid is "virtually certain" to pass within the moon's distance from Earth in October 2028, said Brian Marsden, the bureau's director. The most recent estimate, developed last week, puts the path within 30,000 miles of Earth, with closest approach coming at 1:30 p.m. ET on Oct. 26, 2028.ÿ"The chance of an actual collision is small, but one is not entirely out of the question," Marsden said. ********************** You think they'll buy the dip? <g> Dave