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News

Police stress need for low speed in school zones

Police stress need for low speed in school zones


Town Crier File Photo
After two recent accidents involving cyclists and motorists, police urge caution – on both sides.

After two recent incidents of vehicles striking student bicyclists, Los Altos Police urge residents to exercise caution whe...

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Schools

Gardner Bullis School debuts new Grizzly Student Center

Gardner Bullis School debuts new Grizzly Student Center


Photo by Ellie Van Houtte/Town Crier
Students line up to check books out of the library in the new Grizzly Student Center at Gardner Bullis School.

Gardner Bullis School opened its new Grizzly Student Center earlier this month, introducing a lea...

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Community

Home improvement workshop scheduled Wednesday (Oct. 29)

The County of Santa Clara is hosting a free informational workshop on 6:30 p.m. Wednesday at Los Altos Hills Town Hall, 26379 Fremont Road.

The workshop will offer ways single-family homeowners can increase their homes’ energy efficiency. Eligible i...

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Comment

Off the fence: TC recommends 'yes' on N

The Town Crier initially offered no position on the controversial $150 million Measure N bond on Tuesday’s ballot. But some of the reasons we gave in our Oct. 15 editorial were, on reflection, overly critical and based on inaccurate information.

We ...

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Special Sections

Long-term solutions emerge as water conservation goes mainstream

Long-term solutions emerge as water conservation goes mainstream


Ellie Van Houtte/Town Crier
Forrest Linebarger, right, installed greywater and rainwater harvesting systems at his Los Altos Hills home.

With more brown than green visible in her Los Altos backyard, Kacey Fitzpatrick admits that she’s a little e...

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Business

Local realtors scare up money for charity

Local realtors scare up money for charity


Photo courtesy of SILVAR
Realtors Gary Campi and Jordan Legge, from left, joined Nancy Domich, SILVAR President Dave Tonna and Joe Brown to raise funds for the Silicon Valley Realtors Charitable Foundation.

Los Altos and Mountain View realtors raise...

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Books

Helping kids catch a few Zs: Local dental hygienist pens meditative bedtime book

Helping kids catch a few Zs: Local dental hygienist pens meditative bedtime book


Ellie Van Houtte/Town Crier
Mimi Sommers, who works at a Los Altos dentist’s office, recently wrote a children’s book.

A local dental hygienist recently published a book that aims to ease parents and children during a sometimes anxious e...

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People

DAVID S. NIVISON

DAVID S. NIVISON

David S. Nivison, 91 years old, and a resident of Los Altos, California since 1952, died Oct. 16, 2014 at home.  His neighbors had recently honored him as the “Mayor of Russell Ave., in recognition of 62 years of distinguished living” on that ...

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Travel

Falling leaves: Four places in California to see autumn colors

Falling leaves: Four places in California to see autumn colors


Courtesy of Castello di Amorosa
Castello di Amorosa in Calistoga, above, boasts a beautiful setting for viewing fall’s colors – and sampling the vineyard’s wines.

Yes, Virginia, there is fall in California.

The colors pop out in...

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Stepping Out

ECYS opens season Sunday

ECYS opens season Sunday


Ramya Krishna/Special to the Town Crier
The El Camino Youth Symphony rehearses for Sunday’s concert, above.

The El Camino Youth Symphony – under new conductor Jindong Cai – is scheduled to perform its season-opening concert 4 p.m....

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Spiritual Life

Christian Science Reading Room hosts webinar on prayer and healing

Christian Science practitioner and teacher Evan Mehlenbacher is scheduled to present a live Internet webinar lecture, “Prayer That Heals,” 7:30 p.m. Nov. 14 in the Christian Science Reading Room, 60 Main St., Los Altos.

Those interested ...

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Magazine

Local events add color to autumn calendar

Local events add color to autumn calendar


Van Houtte/town crier Visitors make their way through the Children’s Alley.

As Los Altos’ signature Chinese Pistache trees exchange their summer green for vibrant hues of yellow, orange and red in the fall, an abundance of local events also ad...

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2004 was a decent year for investors with Dow Jones Industrials up

Since this is the last stock report for 2004, it appears Santa is providing a nice rally for all of us before the end of the year. Frankly, it feels like the market meandered most of the year, but if you look at the major indexes, it was actually a decent year for stocks.

As of Dec. 22, the Dow Jones industrials are up 3.45 percent since Jan. 1, and the Nasdaq composite is up 7.69 percent. The Town Crier index of 50 stocks is up 7.75 percent. Compared to previous years, most investors are happy.

While technology stocks have not done as well as other sectors, homebuilders, mining, energy stocks and commodities have done well because of unusual factors like low interest rates and the demand from China for

commodities.

Stock issues in 2004 had to be selected cautiously because there was no leadership except for energy, where we had surging crude oil prices and higher global demand. Energy stocks like Exxon Mobile and Chevron increased more than 20 percent and utilities more than 15

percent.

General Electric did well, benefiting from an expanding global economy and the weak dollar. In the meantime, the health-care industry was the biggest loser because of the

problems with Vioxx and Celebrex.

Semiconductors had a bad year. The index for semiconductors was down more than 15

percent and leader Intel Corp. was down 26.23 for the year.

Apple Computer was up more than 200 percent, which made the Town Crier index look good. Other companies that showed good increases are Adobe, Coherent, eBay, Heritage Bank, Network Appliance, McAfee

Inc, Symantec and Verisign.

In another vein, the stock-option programs that created legions of millionaires in Silicon Valley took a serious blow when the nation's accounting rule makers decided companies would have to start deducting the value of options from their profit beginning next year.

Shareholders calling for more detailed disclosures on corporate financial statements welcomed the rule.

Stock options are perks given to employees that allow them to buy shares of their company's stock in the future at a set price.

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