Nick Estes, a doctoral student at the University of New Mexico, decided last spring to design a new university seal. Using Microsoft Word, he positioned an armed frontiersman and conquistador atop skulls and bones with the words, "What Indians?" printed over the image. Mr. Estes’ version is a satirical take on the real seal, which features the frontiersman and the conquistador, but in place of the bones and the dialogue is a Latin motto. In both the satirical and the official versions, a Zia Indian symbol for the roadrunner stands atop the letters UNM.