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The article descibes the upcoming Billabong contest (part of the Bud Surf Tour) in Santa Cruz. The Billabong contest, named for the surfwear brand, is slated to take place at Steamer Lane. There are concerns that the surf has been disappointing lately, but people are quoted as hopeful for good surf and weather. The author discusses the contest's sponsorhip by Anheuser Busch and notes some difficulties this posed in other cities. Includes one photo