BABY 'BOMB' BUST By BRAD HUNTER and LARRY CELONA of the New York Post February 5, 2002 -- A would-be teen terrorist, wanted by the FBI for allegedly posting a how-to-blow-things-up Web site, was nabbed during World Economic Forum demonstrations, cops said yesterday. Sherman Austin, 18, of tony Sherman Oaks, Calif., was arrested Saturday for disorderly conduct during a demonstration at 59th Street and Fifth Avenue. They soon discovered that Austin was suspected by the feds of posting explosives information on the Internet. When investigators raided his apartment Jan 24, they said they discovered a treasure-trove of mischief-making tools. In addition to computers, they found literature advocating revolution, gas canisters, iced-tea bottles filled with flammable material, gas masks and an anarchist flag. Austin's car contained fertilizer, cans of brake fluid and two gas canisters. He runs an anarchist Web site that provides a litany of methods that can be used for urban thuggery - including making explosives. He has been turned over to the feds. Meanwhile, the final day of demonstrations wrapped up in front of Arthur Andersen's 1365 Sixth Ave. offices with nary a whimper. About 150 protesters slammed the corporate gluttony of Enron and its embattled auditor Andersen, but refrained from confronting a wall of cops. The march was watched closely by about 150 cops, and there were no arrests. Chanting, "Andersen cooks Enron's books," the anti-globalization protesters included an array of aging hippies, college students and union members. "We believe we have a right to be here," said "Starhawk," who said she lives in San Francisco. "Our resolve is strengthened despite police intimidation." Organizers said that many of the protesters who had traveled to the Big Apple to protest the World Economic Forum at the Waldorf-Astoria have now gone home. Starhawk said the Sept. 11 terror attack on New York was a key factor in lowering the tempo of the demonstrations. She said the New York organizers wanted any action to be peaceful.