We compare the burst distribution of the new (2B) BATSE catalogue to a
cosmological distribution. The observed distribution agrees well with a
cosmological one, however, it is insensitive to cosmological parameters such as
\O and Λ. The bursts are not necessarily standard candles and their
luminosity can vary by up to a factor of ten. The maximal red shift, \zm, of
bursts longer than 2 sec is 2.1−.7+1. (assuming no evolution). The
present data is insufficient to determine maximal red shift, \zm, of bursts
shorter than 2 sec.Comment: 9 pages, uuencoded file, 4 figures included, can also be obtained
from ftp://shemesh.fiz.huji.ac.il or at
(Accepted for publication in the Astrophysical Journal Letters