how can I change the admin url? Is it possible to have the administration pages on a different place than /admin?

so something like: www.mysite.com/someotheradminlocation

I don't want the admin location to be guessable by hackers.
There is a module to do what monymirza suggested - http://drupal.org/project/rename_admin_paths


  The purpose of this module is to secure drupal backend by overriding
  admin path.