Point contact junctions made from two pieces of MgB2 can be adjusted to exh
ibit either superconductor-insulator-superconductor (SIS) or superconductor
-normal metal-superconductor (SNS) current-voltage characteristics. The SIS
characteristics are in good agreement with the standard tunneling model fo
r s-wave superconductors, and yield an energy gap of (2.02+/-0.08) meV. The
SNS characteristics are in good agreement with the predictions of the resi
stively-shunted junction model. DC superconducting quantum interference dev
ices made from two SNS junctions yield magnetic flux and field noise as low
as 4 mu Phi (0) Hz(-1/2) and 35 fT Hz(-1/2) at 19 K; Phi (0) is the flux q
uantum. (C) 2001 American Institute of Physics.