In this article, we show several results obtained by combining the use of stable distributions with pseudorandom generators for bounded space. In particular: —We show that, for any p ∈ (0, 2], one can maintain (using only O(log n/ 2 ) words of storage) a sketch C(q) of a point q ∈ ln p under dynamic updates of its coordinates. The sketch has the property that, given C(q) and C(s), one can estimate q −s p up to a factor of (1+ ) with large probability. This solves the main open problem of Feigenbaum et al. [1999]. —We show that the aforementioned sketching approach directly translates into an approximate algorithm that, for a fixed linear mapping A, and given x ∈ n and y ∈ m , estimates Ax − y p in O(n + m) time, for any p ∈ (0, 2]. This generalizes an earlier algorithm of Wasserman and Blum [1997] which worked for the case p = 2. —We obtain another sketch function C which probabilistically embeds ln 1 into a normed space lm 1 . The embedding guarantees that, if we ...