Hi Ben;
This is a good moment to digress, and explain something about science.
Rule #1: Everything in science is provisional. This means that we don't assume that because we think something is true today, that it will always be thought to be true. When better evidence comes along, then the scientists debate causes, and develop alternate theories, and hash it out until there's an idea that rises to the top. Example: We used to think that Newton's equations of motion held true in all cases. Then Einstein came along and showed everybody that relativity's equations better describe the universe. Einsteins theories explain everything that Newtons did, and more. Einsteins theory wins. (this is somewhat of a bad example because Einstein's equations are typically not used unless you are calculating things moving near the speed of light… Newton's equations are simpler for things like sending spacecraft to other planets, etc).
Rule #2: Evidence is the King. Data, data and more data. It doesn't matter if you have an idea that explains life, the universe and everything as a single 2 digit number (42!), if it doesn't match reality, then its wrong. Theories rise or fall based on how well they are supported by data.
Rule #3: Peer Review is the Queen. When a scientist formulates a theory, they try to publish it in a peer-reviewed journal. This is where a group of peers (people who work in the same field as the publishing scientist) look at the theory, and make sure that the data supports the conclusion, that there aren't some unstated assumptions made, that the idea is worth publishing. Once published the theory is then read by other scientists who react to it. They may support it, they may provide data that refutes it. So, just because something is published in a peer-reviewed journal, doesn't make it true either. The theory has to weather the reaction from the scientific community.
Back to your question: The idea that a mass extinction occurs every 62 million years does not appear to enjoy a lot of support in the scientific community. So, right now the answer is "probably not".