WTPN21 PGTW 162300 SUBJ/TROPICAL CYCLONE FORMATION ALERT COR// 1. FORMATION OF A SIGNIFICANT TROPICAL CYCLONE IS POSSIBLE WITHIN 100 NM EITHER SIDE OF A LINE FROM 7.3N 135.1E TO 7.6N 129.7E WITHIN THE NEXT 00 TO 24 HOURS. AVAILABLE DATA DOES NOT JUSTIFY ISSUANCE OF NUMBERED TROPICAL CYCLONE WARNINGS AT THIS TIME. WINDS IN THE AREA ARE ESTIMATED TO BE 30 TO 45 KNOTS. METSAT IMAGERY AT 160000Z INDICATES THAT A CIRCULATION CENTER IS LOCATED NEAR 7.0N 135.1E. THE SYSTEM IS MOVING WEST-NORTHWESTWARD AT 14 KNOTS. 2. MAXIMUM SUSTAINED SURFACE WINDS ARE ESTIMATED AT 30 TO 45 KNOTS. MINIMUM SEA LEVEL PRESSURE IS ESTIMATED TO BE NEAR 989 MB. THE POTENTIAL FOR THE DEVELOPMENT OF A SIGNIFICANT TROPICAL CYCLONE WITHIN THE NEXT 24 HOURS IS HIGH. A DEVELOPING TROPICAL DEPRESSION IS LOCATED 40NM SOUTHEAST OF NGERULMUD, PALAU, AND 570NM EAST OF DAVAO, PHILLIPINES, AND IS MOVING WNW AT 14 KTS. WINDS 30 TO 35 KNOTS WITHIN 600 MILES OF LOW SOUTHWEST SEMICRICLE AND 400 MILES ELSEWHERE. EXPECTED WINDS 30 TO 50 KTS WITHIN 1200 MILES OF LOW SOUTHWEST SEMICIRCLE AND 800 MILES ELSEWHERE WITHIN NEXT 24 HOURS. 3. THIS ALERT WILL BE REISSUED, UPGRADED TO WARNING OR CANCELLED BY 170000Z. NNNN