Thu05052016

News

Hills man arrested on molestation charges

Hills man arrested on molestation charges

Gregory Helfrich

Updated 11:28 a.m.:

Santa Clara Sheriff’s detectives have arrested a Los Altos Hills man they suspect repeatedly molested a child decades ago.

Detectives arrested Gregory Helfrich, 54, on a warrant at his Old Page Mill R...

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Schools

Local AAUW gives gift of science to junior high students

Local AAUW gives gift of science to junior high students


Courtesy of Jessica Harell
Blach Intermediate School seventh-grader Paris Harrell, who loves science and animals, recently received a scholarship from the local branch of the AAUW to attend Tech Trek camp.

It’s not every day that a junior hig...

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Community

At 98, former language teacher remains a lifelong learner

At 98, former language teacher remains a lifelong learner


Federici

Longtime Los Altos resident Mario Federici, who turned 98 Feb. 24, is a man of many languages. He shared his knowledge with thousands of students during his long career as a teacher.

Federici was born and raised in Italy, where he stud...

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Comment

Attend an event, get involved, have fun: Editorial

You don’t have to run for city council to get involved in the community. Sometimes it can be as simple as attending a Los Altos event. You’ll have plenty of opportunities, as the May and June calendars are bustling with activity.

The Dow...

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Special Sections

Racing around Monterey

Racing around Monterey


Gary Anderson/Special to the Town Crier
The easy handling of the VW Golf R, above, makes for an ideal ride along the Big Sur coast.

 

When automotive journalists are asked to list their favorite places in the world to drive, Monterey alway...

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Business

'Steampunk' eatery toasts local libations

'Steampunk' eatery toasts local libations


Courtesy of Eureka
Eureka, a new restaurant in downtown Mountain View, highlights local craft beer and whiskeys on a menu of food spanning from sea to farm.

Craft beer and fancy whiskeys headline the menu at Eureka, the new restaurant that opene...

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People

Stepping Out

PA Players seek escape in 'Into the Woods'

PA Players seek escape in 'Into the Woods'


Courtesy of Palo Alto Players
The Baker’s Wife, left, and Cinderella’s erstwhile Prince stand out in the Palo Alto Players production of “Into the Woods.”

Little Red Riding Hood sets forth at the outset of “Into the...

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Spiritual Life

Los Altos United Methodist Church service salutes Heifer International

Los Altos United Methodist Church service salutes Heifer International


Courtesy of Los ALtos United Methodist Church
Hidden Villa will bring some of its farm animals to Los Altos United Methodist Church Sunday to support the nonprofit Heifer International.

Los Altos United Methodist Church is scheduled to salute th...

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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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