Quote:
Originally Posted by middy
I am using the lens built into the camera.  Unfortunately it is not a DSLR with interchangeable lenses. 
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Yep, that will be the problem. The lenses in most point & shoot digital cameras are not really up to astrophotography. Even with a DLSR, you would need to spend a lot on money on an Apochromatic lens to minimise this type of chromatic aberation. And I do mean lots (>$3K).
Most of us simply put up with the problem and try to minimise its effects through various software solutions. It is almost impossible to get rid of it completely.
Having said that, don't loose heart. you can still get some great shots with a point & shoot.
cheers