Richard, I'm sure somebody calculates short term betas, but I don't know if they offer the service to anyone. Sorry.
As far as hedging goes, you should look at what you own and decide what it resembles in an index sort of way. If it looks like the Dow, Russell, Sox, or whatever, then you should buy out of the money stocks on that index or industry index. If it doesn't resemble anything, welcome to the club. <G>
You may want to use short Leap calls as a partial hedge. Obviously, they do not protect you all the way down. But for some stocks, you can get 30-40% cash for selling a premium out to 2001. Again, it depends on your portfolio. But if you own a lot of Lucent and Dell and Cisco, those cos. have very fat premiums. This is only a partial solution, but it beats being naked long stocks at these crazy levels.
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