Sat02282015

News

North Bayshore proposals due today

The City of Mountain View is receiving North Bayshore development proposals today. Applications may be made until the deadline at 5 p.m.

All submissions will be available for viewing March 2 at the Community Development Department counter in City Ha...

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Schools

Former NFL player huddles with Blach students about life choices

Former NFL player huddles with Blach students about life choices


Ellie Van HOutte/Town Crier
Former NFL tight end Eason Ramson visited with Blach Intermediate School students, Feb. 13 to share the perils of drug use. Now a motivational speaker, Ramson works with at-risk teens in San Francisco.

Although former ...

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Community

Chi Am Circle, Chef Chu's prove 'golden': Club sets fundraising goal of $200K for March fashion show

Chi Am Circle, Chef Chu's prove 'golden': Club sets fundraising goal of $200K for March fashion show


Courtesy of Bev Harada
Chi Am Circle members, from left, Gerrye Wong, Sylvia Eng, Pearl Lee and Muriel Kao flank Larry Chu Sr. at the Jan. 31 event honoring the club’s 50th and Chef Chu’s 45th anniversaries.

Chef Chu’s restaurant in Los Altos ho...

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Comment

Freedom's just another word: No Shoes, Please

It used to be that the word “freedom” held exclusively positive connotations for me, but now it’s really become a mixed bag. It all started in 2001 when President George W. Bush asked the question he felt was on the minds of most Americans regarding ...

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Special Sections

Filoli in bloom: Historic estate hosts  classes, events and tours

Filoli in bloom: Historic estate hosts classes, events and tours


Ellie Van Houtte/Town Crier
Scenes from Filoli: The historic estate in Woodside is a welcoming sanctuary for visitors. The grounds offer a rotating display of seasonal flowers, a tranquil reflecting pool and paths that wend through the 16-acre Engl...

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Business

Stock volatility still confusing

The market opened down more than 100 points Friday but by noon rose more than 130, the form of volatility that quickly draws investors’ attention. By week’s end, the Standard & Poor’s 500 index and the Dow Jones industrial aver...

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Books

French novel

French novel "Hunting and Gathering" offers character-driven suspense


Anna Gavalda is a well-known author in her native France, where she has published six books, most of which have met with considerable praise and commercial success. Her fourth novel, “Hunting and Gathering” (Riverhead Books, 2007), is filled ...

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People

CHRIS A. KENISON

CHRIS A. KENISON

Feb 13, 1945-Feb 6, 2015

Resident of Los Altos

Chris was born in Georgia and moved to Oklahoma as a young child. He grew up there and moved to California in 1965. He developed a strong work ethic from his grandparents and parents. He attended the...

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Travel

Seoul of the city: Korean capital offers mix of old and new

Seoul of the city: Korean capital offers mix of old and new


Ramya Krishna/Special to the Town Crier
Seoul’s Cheonggyecheon public recreation space, above, features an elevated pedestrian bridge.

Seoul, South Korea, is a study in contrasts. Having grown quickly, the city is a mix of old and new.

Using...

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Stepping Out

'Park' in the hills

'Park' in the hills


courtesy of Foothill Music Theatre
Dot (Katie Nix) imagines her dream job as a follies dancer in the Foothill Music Theatre production of “Sunday in the Park with George.” The play runs through March 8.

Foothill Music Theatre’s production of “Su...

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Spiritual Life

Is your thought life sabotaging your spiritual journey?

My computer started having problems – there seemed to be some sort of malware running in the background. At first it was just annoying, then it began to slow down my computer, interfering with its basic operations. What is it doing? Why can...

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Magazine

Local events serve up family fun

Local events serve up family fun


Courtesy of Peninsula Youth Theatre
Peninsula Youth Theatre’s production of “Pecos Bill: A Tall Tale” is slated to open March 20 in Mountain View.

For families seeking a break from the daily routine, events abound this month and next in Los Alto...

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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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