jquery and mootools conflict resolution

Sure, you can, as for any Joomla module.

When I try, it says:

Module Install: Another module is already using directory: "/*****/*****/****/**************/kennethmontgomerykeillor.com/modules/mod_hot_newsflash"

I'm concerned that if I uninstall the old version before installing the new one, I will lose all the information I entered. Will uninstalling the old module remove any information from the database?

Yes, it will. To keep data you should just overwrite files using FTP software. Otherwise, you need to uninstall old version first, but this will clear module parameters.

It worked. Thank you more than I can say. jQuery and Mootools getting on like best friends now.

Can this be done for the image slider as well? I had exactly the same problem when I used image slider

Where can we get v1.0.3? The download is still showing v1.0.1 when I redownloaded and installed.