ROSAT and Hipparcos observations of isolated pre-main-sequence stars near HD 98800

We present new observations of the isolated young stars HD 98800 and CD -33 degrees 7795. Pointed ROSAT observations show that their X-ray properties, including X-ray luminosity and variability, are consistent with those of pre-main-sequence (PMS) stars. These observations do not reveal any additional PMS candidates in 40' fields centered on HD 98800 and CD -33 degrees 7795. Hipparcos observations of TW Hya by Wichmann et al. and of HD 98800 by Soderblom et al. have shown that both stars are roughly 50 pc away and are PMS with ages of similar to 10(7) yr. We searched the Hipparcos Catalogue (complete down to similar to 2-3 L. at this distance) for other PMS stars in the same area. In a 10 pc radius volume of space centered on the previously known PMS stars, we find one additional candidate PMS star (CD -36 degrees 7429), with a low space velocity, X-ray emission comparable to that of HD 98800, and Li absorption. There are eight other stars in this area that have dwarf spectral types and lie above the main sequence, but based on their weak X-ray emission, high space velocities, and lack of Li in low-resolution spectra [i.e., EW(Li) < 0.1 Angstrom], these are probably misclassified subgiants or giants. The current positions and proper motions of TW Hya, HD 98800, and CD -36 degrees 7429 are inconsistent with their having formed as a group.