Wed08202014

News

Burglary bump in LAH alarms residents and Sheriff's Office

Los Altos Hills has recorded fewer burglaries than the national and state averages over the past decade, but this year the number of breaking-and-entering crimes has spiked.

Since July 1, the Santa Clara County Sheriff’s Office has recorded 14 resid...

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Schools

Community support pays dividends

Community support pays dividends


As a recent cover story in The New York Times Magazine revealed, getting low-income students into college is not enough to close the achievement/income gap. The percentage of low-income students entering college who actually earn a degree lags far ...

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Community

War veteran to visit D.C. memorial on Honor Flight

War veteran to visit D.C. memorial on Honor Flight


Ellie Van Houtte/Town Crier
Los Altos resident and World War II vet Earl Pampeyan is preparing for an Honor Flight trip to Washington, D.C., next month.

Los Altos resident Earl Pampeyan is scheduled to fly to Washington, D.C., next month to vis...

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Sports

Making a splash

Making a splash


Courtesy of Clarke Weatherspoon
Stanford Water Polo Club’s under-14 boys team earned the bronze medal at the Junior Olympics. Front row, from left: Corey Tanis, Larsen Weigle, Nathan Puentes, Walker Seymour, Alan Viollier and Jayden Kunwar. B...

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Comment

Whom can you trust?: Haugh About That?

Waving my pink poodle skirt with all the fervor of a matador preparing to tease a raging bull, I blinked my 20-year-old eyes and gave a come-hither look to indicate, “I’m ready!” Little did I know that the blind trust I had in this ...

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Special Sections

Getting right by eating right: PAMF doctor's book addresses South Asian health risks

Getting right by eating right: PAMF doctor's book addresses South Asian health risks


Ellie Van Houtte/Town Crier
Dr. Ronesh Sinha, a physician at Palo Alto Medical Foundation, promotes healthful living among the South Asian population. His new book, “The South Asian Health Solution,” includes nutritious recipes.

When you think o...

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Business

From Google to First Street: Massage therapist sets up studio in downtown Los Altos

From Google to First Street: Massage therapist sets up studio in downtown Los Altos


Ellie Van Houtte/Town Crier
Upuia Ahkiong is slated to open Kua Body Studios next month at 106 First St. Ahkiong is sharing space with Evolve Classical Pilates.

A massage therapist with ties to Google Inc. is slated to open a new – and shared...

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Books

"Jack London" chronicles author's adventurous life


Much has been written about American author Jack London, primarily known for his early-20th-century Western adventure novels, including the classics “White Fang” and “The Call of the Wild.”

In Earle Labor’s biography of the literary icon, “Jac...

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People

TIMOTHY WARREN WATSON (TIM)

TIMOTHY WARREN WATSON (TIM)

Born June 2, 1935, died peacefully on August 11, at home in Mountain View, surrounded by his family. He died of complications of Parkinson’s Disease after a courageous 15-year battle.

Tim was the beloved husband of 55 years to his college sweethea...

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Travel

Bergama bound: A visit to newest World Heritage site

Bergama bound: A visit to newest World Heritage site


Photo Eren GÖknar/ Special to the Town Crier
The amphitheater in Turkey’s ancient city of Pergamon, now known as Bergama, overlooks the Bakirçay River valley, left. The city’s ruins also include the Temple of Trajan.

It was 90 F during t...

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Stepping Out

TheatreWorks offers 'Spoonful' of drama beginning this week

TheatreWorks offers 'Spoonful' of drama beginning this week


Kevin Berne/Special to the Town Crier
Three strangers – “Chutes & Ladders” (Anthony J. Haney, left), Odessa (Zilah Mendoza, center) and “Orangutan” (Anna Ishida, right) – come together in an online support group in TheatreWorks’ regional premie...

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Spiritual Life

Spiritual Briefs

Meditation group meets at Foothills Congregational

A Weekly Meditation Practice group meets 7-8:15 a.m. Tuesdays at Foothills Congregational Church, 461 Orange Ave., Los Altos.

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Magazine

Festival features fun for everyone

Festival features fun for everyone


TOWN CRIER FILE PHOTO
The Los Altos Arts & Wine Festival boasts more than 375 craft and arts booths.

This weekend’s 35th annual Los Altos Arts & Wine Festival promises to be jam-packed with fun activities for just about everyone. The eve...

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Spending cuts: Too soon to tell or sell

Federal spending cuts of $85 billion that went into effect March 1 are a factor for investors, as stock traders are watching whether the Dow Jones industrials can make another run at the record.

The Dow came within 15 points of its all-time high, closing Thursday at 14,164.

Stocks ended February with a gain after two strong sessions during the week. Historically, a positive January and February suggests a positive year for stocks. Now that the spending cuts have kicked in, businesses, consumers and investors have yet to appear concerned.

Is the primary trend bullish or bearish? With the Dow transports hitting an all-time high and industrials within striking range, the outlook is clearly bullish. Yet the gains do not necessarily guarantee a good year for stocks.

Another area to watch is the sentiment of the country. Surveys of individuals, newsletter editors and portfolio managers reveal an above-normal level of optimism. However, pockets of weakness and uncertainty in the economy underscore the risks inherent in any stock investment. Given the market’s recent strength and the possibility of disappointing economic news, a pullback would not be surprising.

While a secondary correction may be in the cards, it may be too soon to raise cash and buy more stock. As long as the Federal Reserve keeps interest rates low over the long term, investors will move out of bonds and into the stock market. And there is a lot of cash on the sidelines.

News of local interest:

• Hewlett-Packard Co. (HPQ; $19.95) announced that it will introduce an Android tablet in April for $169. HP, a longtime partner of Microsoft, said it would also eventually debut a Windows-based tablet.

HP provides products, technologies and software solutions to individual customers, the government and health and education sectors. Shares are up 39 percent year-to-date, and the company boasts a market cap of $38.64 billion. One analyst rates Hewlett-Packard a buy and six rate it a sell. The Street deems HP a sell.

The company’s weaknesses are evident in multiple areas: a deteriorating net income, a high debt-management risk, a low return on equity and a generally disappointing historical performance for the stock.

CEO Meg Whitman has promised to bring a number of new programs and innovations to market in coming quarters. Hewlett-Packard has become well known for its struggles, turmoil and disastrous deal-making record, but first-quarter results reveal that Whitman’s turnaround claim is in the works.

• Adobe Systems Inc. (ADBE; $40.33), a multinational computer software company with headquarters in San Jose, was founded by local residents John Warnock and Charles Geschke in 1982.

Adobe offers a line of software and services for creative professionals, marketing personnel and application developers. The company is now pushing Photoshop for iPhones and other smartphones with a product called Photoshop Touch. It should increase in popularity as mobile phones become the primary tool for people to take and edit photos.

Adobe stock hit a 52-week high last week when it reached $39.46, with 1.7 million shares traded by noon. Adobe has a market cap of $19.01 billion and a price-to-earnings ratio of 23.

The company’s strengths can be seen in its debt levels, net income and stock price performance. The Street rates Adobe Systems as a buy. Nine other analysts deem Adobe a strong buy, 12 a hold and only 1 a strong sell.

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