Blimp shaped craft with lights and orange glowing bottom.

It was during my freshman year in high school, during the 1992-1993 school year.  I was 15 years old.  It was around 6:30 am.  I don't remember the exact date or time.  It was day light outside.  I was walking to the bus stop an I saw a craft fly across the sky.  It was shaped like a blimp, but also had some characteristics that are not normally associated with a blimp.  It had a big, orange, oval shaped glow on the bottom of it. It also had lights all over the side of it.  The lights did not all light at the same time.  They each blinked, one at a time, randomly, really fast.  Each light only flashed for a second or two.  They were not in rows or in a pattern.  They scattered all over the side of the craft.  I could only see them when they blinked.  It was a pretty close view.  It was far up in the sky, but definetly closer than a air plane.  It DID make a sound.  I guess it was an engine or hover craft sound.  I'm not sure how to describe it.  I don't clearly remember the sound.  I wondered about it and immediatly thought "UFO", but I did not know how to report such an incident at the time and felt shy about it anyways.  This was before people had internet in their homes.  It just flew by.  It was not going very fast, but it was faster than I would imagine a blimp would go.
Source of report indicates that the date of the incident is approximate.  PD