A single, stationary fairly large saucer/disc with rotating lights that changed colors from red to green, blue and white that hovered fObject was seen at 2:00 a.m. 01-28-03 in the southwest skies over Bend, Oregon, USA. It appeared to be located approximately in the direction of Mount Bachelor. We watched it for 15 minutes until it dropped below the rooftop line of our neighbors house.There was one single disc/saucer type object observed that was stationary for the fifteen minutes we watched it. Skies were clear. It was staionary although it was dropping some in altitude to eventually dropped below our neighbor's roof top which was our viewing area and certainly moving away from us as the vision got smaller in that fifteen minute period. It was as if it was going sideways as it did get smaller and did drop in altitude a little, but appeared stationary at the same time.It was fairly large as seen at a distance,(hard to determine how far away it was) had a rotating outter circle of lights all the way around the saucer and the lights would change colors from green, to all red, to all blue and to all white. Most of time, I observed more all red, or all green and these light rotated the whole time. I was thinking to myself, just like they make it seem in real life or in the movies.We had time to get our glasses and also binoculars to take a better look. With the binoculars it was strange to only to be able to see a white undefined mass. Kind of like a thin white mass/cloud-like in the darness. I thought that was strange. Obviously you could see it with the naked eye, but there was some sort of field that made it unobservable while trying to use another type of viewing apparatus. Thought about taking a picture of it, but didn't. Glad there were two of us that viewed it, so there is no question that we saw what we saw.After it dropped below the rooftop line of our neighbor's house, we didn't pursure it any more. As far as backgrounds of the observers - I am 49 years old and a professional by occupation. The other observer is a 20 yead old college student who was home from school for a few days, and had been studying late. He originally spooted the thing and brought it to my attention. Interesting, yet kind of scary.I never believed in those things before, but I certainly have to change my stance on them now. Either that, or our own government is experimenting with some type of contraption in the wee hours of the morning when they knew most people would be asleep.((NUFORC Note: Witness elects to remain totally anonymous. The object seems inconsistent with a celestial body, since a star or planet in the southwest sky would appear to "rise" as the Earth rotates to the east. However, the star, Sirius, which is very vivid during the winter months, would be in the southern sky at 0200 hrs.. We do not know what the witnesses observed. PD))