Source: Originally from Jolly Pancakes (jcp@islay.dco.dec.com) Reposted by Chris Shenton (css@boa.ccsf.caltech.edu) 6/9/92
There was a fine article in Scientific American a couple years back which described the production of absinthe by the Pernod company, complete with their recipe. Recommended. (The recipe does involve distillation and such.)
There is also an Absinthe FAQ document that was written by Matthew Baggot.