Sat02062016

News

Mountain View braces for Super Bowl crowds

Mountain View braces for Super Bowl crowds


Graphic Courtesy of City of Mountain View
The purple parking lots above indicate where paid parking for the Super Bowl is allowed in downtown Mountain View. Other lots are open but still carry three-hour time constraints.

Downtown Mountain View wil...

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Schools

Los Altos High student hopes to bring animal therapy to school

Los Altos High student hopes to bring animal therapy to school


Courtesy of Christine Lenz
Los Altos High junior Riley Fujioka, left, works with Animal Assisted Happiness program manager Simone Haroush-van Dam.

Research affirms that the therapeutic effects of animals help reduce stress in humans, and one Los Alt...

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Community

Sports

Panthers outpace Priory

Panthers outpace Priory


Shirley Pefley/Special to the Town Crier
Pinewood’s Matt Peery lays up the ball in Friday’s win over Woodside Priory. Peery paced the Panthers with 19 points.

While height helps, the Pinewood School boys are proof that basketball is not ...

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Comment

From the City Manager's Desk: Fulfilling our mission

 

For those of us who work for Los Altos, the mission is “to foster and maintain the city of Los Altos as a great place to live and to raise a family.” The city’s employees take this mission seriously and – individually ...

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Special Sections

'Machos': Middle Eastern nachos ideal for Super Bowl

'Machos': Middle Eastern nachos ideal for Super Bowl


Photos Courtesy of Blanche Shaheen
Blanche Shaheen, above with her brother Issa, shares her Middle Eastern take on nachos – ideal for a Super Bowl party. Shaheen’s “Machos,” right, feature feta, tahini sauce, Persian cucumbe...

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Business

Businesses on Main Street make moves

Businesses on Main Street make moves


Alicia Castro/Town Crier
Several stores on Main Street in downtown Los Altos are in the midst of changing hands.

In the coming months, Main Street will welcome several new businesses to fill empty storefronts.

Jennifer Quinn, the city’s econo...

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People

ROSEMARY FRASER

Rosemary Fraser, age 81, a long-time resident of the Los Altos/Palo Alto area, died peacefully Friday, the 22nd of January at her home. It was a sudden death; hypertension was the underlying cause.

Born in 1934 in Florence, Arizona, Rosemary enjoyed...

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Stepping Out

West Bay Opera tackles Tchaikovsky's 'Onegin'

West Bay Opera tackles Tchaikovsky's 'Onegin'


Otak Jump/Special to the Town Crier
Olga Chernisheva and Silas Elash perform in West Bay Opera’s “Eugene Onegin.”

The West Bay Opera production of “Eugene Onegin” is scheduled Feb. 19-28 at Lucie Stern Theatre, 1305...

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Spiritual Life

How to cultivate childlike faith in a grown-up world

And Jesus said: “Truly I tell you, unless you change and become like little children, you will never enter the kingdom of heaven.”

– Matt. 18:3

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Inside Mountain View

New right-to-lease ordinance promises relief for renters

New right-to-lease ordinance promises relief for renters


Mountain View Tenants Coalition/Facebook
Residents gather in the fall to protest Mountain View’s rising rents. Rent relief is on the way in the form of a new ordinance.

A controversial Mountain View law requiring landlords to provide lease opt...

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Playing the stock market is like driving in the rain

Stock Report

Playing the stock market in today's market place is like driving in the rain with a slow windshield wiper. You have to look closely at where you're going and make sure your seat belt is hooked.

After a good previous week, the Dow dropped 110 points to 10,734, but the Nasdaq increased 217 points to 3,860. The Town Crier stock index jumped 10.50 percent for one of its best results in weeks.

Technology companies reporting earnings, or good future prospects, provided positive valuations. Leading the increases for the week were: Apple Computer, up 6 points; Adobe Systems, 8; Applied Materials, 17; BEA Systems, 11; Intel, 20; KLA-Tencor, 9; Network Appliance, 17; Rambus, 63; Varian Semiconductor, 27; and Yahoo!, 7 points.

Town Crier stocks making the news this past week were: Input Software, which changed its name to Action Point and was down 33 percent; and BEA Systems and Elantic, which split their stocks, 2-for-1.

Of interest to holders of technology issues, Barron's conducted a big money poll on what the bulls and bears expect to happen the rest of this year.

The bulls view the current turmoil as only a correction and not the beginning of a bear market. They expect the Dow to finish the year at 11,077.31 and the Nasdaq at 4,996.59.

On the other hand, the bears believe the market correction will continue as stock valuations remain too high. The bear market will start when the majority of investors consider the market to be a buying opportunity.

The bears expect tech stocks to continue to tumble and drag the Dow down.

That will put pressure on the dollar and with the Federal Reserve increasing the interest rates May 16, it can lead to a recession next year.

The favorite stocks of the majority of the money managers were Cisco, at the top of the list, followed by Intel, General Electric and Microsoft.

Looking at present conditions, this columnist predicts that tech stocks will continue to rise because alternatives are less attractive.

Noel, a seasoned investor, covers the stock market for the Town Crier.

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