BUSINESS NOTES.

DMV ASKS FOR COURT REVERSAL: The Department of Motor Vehicles has asked a Superior Court to quash a state board's decision reversing the DMV's controversial ``lemon law'' ruling that blocked Chrysler Corp. from shipping new vehicles to California for 45 days.

The DMV asked the Sacramento court to set aside the Aug. 20 decision by the New Motor Vehicle Board, an obscure nine-member panel that normally resolves disputes between automakers and dealers.

A hearing has not yet been scheduled.

?13Associated Press

INTEL, COMPAQ UNVEIL ALLIANCE: Intel Corp. and Compaq Corp. on Thursday unveiled an alliance to develop technology linking together business computers, posing a fresh threat to rival makers of networking equipment.

The No. 1 maker of computer chips and the biggest maker of PCs plan to cooperate on licensing, design and product development, with the goal of cheapening networking equipment and improving how it works. Compaq's ties with retailers could help sell products resulting from the alliance.

The move could further push the Santa Clara chip giant beyond its core business of making microprocessors. Intel hopes to integrate networking chips into the main circuitry of PCs, which could spell trouble for companies such as 3Com Corp., a big maker of add-ons that enable computers to network.

?13Associated Press

B.U.M. GETS NEW CHAIRMAN, HQ: A reorganized B.U.M. International is getting a new chairman and a new headquarters after emerging from bankruptcy protection, the company said Thursday.

Under a plan approved by a federal bankruptcy court, a new B.U.M. International run by unsecured creditors will try to regain prominence by licensing the B.U.M. name, and by manufacturing and selling casual apparel.

The reorganized company has moved its headquarters from Los Angeles to North Smithfield, R.I. David MacDonald was named chairman and chief executive officer, replacing B.U.M. founder Morton Forshpan.

?13Associated Press

BANKS PROPOSE PRIVACY PLAN: As lawmakers focused on problems of financial privacy and fraud, four banking groups agreed Thursday on principles to protect information about consumers.

The move was designed ``to demonstrate the commitment of bankers to address customer concerns about personal privacy,'' the groups, representing nearly all the nation's commercial banks, said in a statement.