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News

Loyola Corners economics, traffic rise to top of planning concerns

Loyola Corners economics, traffic rise to top of planning concerns

Alicia Castro/Town Crier
Loyola Bridge construction parallel to the Fremont Avenue frontage may lead officials to alter circulation plans for the area.

Loyola Corners stakeholders last week mulled the issues that will likely shape the area&rsquo...

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Schools

LAHS Green Team commemorates Earth Week

LAHS Green Team commemorates Earth Week


Traci Newell/Town Crier
Los Altos High School Green Team members, above, quiz their classmates about water conservation. The club distributed plants as prizes during the club’s Earth Week activities.

Members of the Los Altos High School Green...

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Community

Local pianist, 11, slated to perform Saturday at statewide competition

Local pianist, 11, slated to perform Saturday at statewide competition


Courtesy of the Cha family
Spencer Cha plays piano at a Santa Clara University recital. The sixth-grader also enjoys soccer, tennis, golf and skiing.

Spencer Cha has come a long way since he first sat down at the piano at age 2.

“I remem...

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Sports

Spartans net second place, eye top prize next season

Spartans net second place, eye top prize next season


Megan V. Winslow/Town Crier
Jeremy Hsu, Mountain View High’s top singles player, competes against Pinewood Thursday. The Spartans won the match 7-0.

With freshmen playing the top three spots in singles, the future of the Mountain View High boy...

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Comment

Los Altos at a leadership crossroads: Editorial

Don’t look now, but there could be some major changes ahead regarding how the Los Altos city government is run.

The current city council has the opportunity to hire a new city manager in the wake of Marcia Somers’ recent resignation. Fur...

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Special Sections

How to personalize the wedding bar

How to personalize the wedding bar


Christine Moore/Special to the Town Crier
A seasonal signature cocktail adds interest beyond the standard wedding bar’s spirits and mixers. Focus on one set of fresh ingredients, such as blueberries, blackberries and mint for a dose of budget...

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Business

Farmers prepare to market season's bounty

Farmers prepare to market season's bounty


Alicia Castro/Town Crier
Journeyman farmer Jen Friedlander waters Hidden Villa’s greenhouse plants, which will grow stronger in the controlled indoor environment before being transferred to the field outdoors.

Around Hidden Villa, the gree...

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People

BUOL JOANNE DOUGHERTY

BUOL JOANNE DOUGHERTY

1930-2016

Heaven gained a beautiful angel today. Our beloved mother’s blessed life ended in her Los Altos home surrounded by her loving family on April 18, 2016.

Buol Joanne Dougherty was born Sept. 28, 1930 in Chicago. At the age of two, M...

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Stepping Out

'Catch' comes to conclusion LA Stage Co. comedy  ends run this weekend

'Catch' comes to conclusion LA Stage Co. comedy ends run this weekend


Richard Mayer/Special to the Town Crier
Bryan Moriarty, left, stars as Yossarian and John Stephen King plays the Psychiatrist in Los Altos Stage Company’s “Catch-22.”

Los Altos Stage Company’s presentation of “Catch...

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Spiritual Life

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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