Abstract: The discovery of the fullerenes in 1985 by Kroto, Heath, O'Brien, Curl and Smalley and the development of a method for production of macroscopic amounts in 1990 by Kraetschmer, Lamb, Fostiropoulos and Huffman opened a new area of carbon research with possible production of new materials with unique properties. The field has developed further later on with discoveries of nanotubes, metal filled nanotubes, carbon onions and more recently metal covered fullerenes. All these new discoveries show how cluster science opens approaches to the area of meososcopic physics. The general trend is here in the direction from small to large contrary to the general trend of modern meososcopic physics or micro-electronics where the movement is from large to small. It is especially fascinating how the whole area of fullerene research was initiated by problems in astrophysics. Originally Kraetschmer and Huffman had the intention to explain an observed strong extinction form interstellar dust and produced in experiments special carbon soot with a characteristics optical absorption known as 'the camel hump smoke'. This paper gives a short overview of some of our more recent theoretical work of the electronic properties of C$-60$/, metal covered C$-60$/ and nanotubes. In addition some results are also presented of optical properties of metal covered C$-60$/ as a function of metal coverage. !83
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