PROTEST COMMITTEE. Amidst talk of war, and continued administrative follies on campus, and the continuing early winter, the Louis Vuitton Cup competition continues, to determine this year's challenger for the America's Cup, which remained in New Zealand after the 2000 match. Unfortunately, most of the action is in the courtroom. One World Challenge, a Seattle syndicate, is being sued by Team Dennis Conner and Prada, the Italian challenger, for espionage and possession of weapons of mass destruction. One World is supposed to race against Prada beginning December 9, pending the outcome of the hearings to be held December 7 and 8. There are good reasons to sail a Laser. The scantlings and foils are in plain sight, the latter particularly on windy days.