The reaction e^+e^- -> e^+e^- proton antiproton is studied with the L3 detector at LEP. The analysis is based on data collected at e^+e^- center-of-mass energies from 183 GeV to 209 GeV, corresponding to an integrated luminosity of 667 pb^-1. The gamma gamma -> proton antiproton differential cross section is measured in the range of the two-photon center-of-mass energy from 2.1 GeV to 4.5 GeV. The results are compared to the predictions of the three-quark and quark-diquark models.
Vector meson production is studied in the reaction γγ→K+K−π+π−. A clear Φ(1020) signal is seen in theK+K− mass distribution and aK*0 (890) signal is visible in theK±π∓ one. Both do not seem to be strongly correlated with quasi two body final states. Cross sections for the processes γγ→K+K−π+π−, γγ→Φπ+π−, γγ→K+0K±π∓ and upper limits for the production of Φp, ΦΦ andK*0\(\overline {K^{ * 0} } \) are given as function of the invariant γγ mass.