Fri01302015

News

Foothill to offer four-year degree: Foothill aims to launch dental hygiene degree in fall 2016

Foothill to offer four-year degree: Foothill aims to launch dental hygiene degree in fall 2016


Ellie Van Houtte/Town Crier
Students enrolled in Foothill College’s two-year dental hygiene program, above, can soon earn a four-year bachelor’s degree for approximately $10,000.

Foothill-De Anza Community College District Chancellor Linda M. Th...

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Schools

Freestyle hosts exhibition at Computer Science Museum

Freestyle hosts exhibition at Computer Science Museum


Traci Newell/Town Crier
Mountain View High junior and Freestyle Academy student Radika Gupta, right, works with a fellow student during a WebAudio course this month.

For three periods a day, a small subset of students from Los Altos and Mountain Vi...

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Community

Museum explores Stanford, Valley connection

Museum explores Stanford, Valley connection


Courtesy of Julie Rose
The Los Altos History Museum’s “Symbiotic Superstars” event drew a crowd including, from left, “The Lure & the Legends” creator Nan Geschke, Stanford President John L. Hennessy, historian Leslie Berlin and Adobe Systems c...

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Comment

Good compromise on PE exemptions: Editorial

While “Deflategate” captures the national sports headlines, the local issue of physical education class exemptions for freshmen seems a much worthier sports topic for discussion.

The Mountain View Los Altos Union High School District Board of Truste...

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Special Sections

Your Home Brief

Filoli hosts bird exhibition

Filoli kicks off the 2015 season of art exhibitions in its Visitor and Education Center with “The Birds of America: Audubon Collection,” a selection of prints from Filoli’s Permanent Collection, Feb. 10...

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Business

Wine & beer lounge coming to First Street

Wine & beer lounge coming to First Street


Ellie Van Houtte/Town Crier
The new wine and beer lounge Honcho heads to First Street, with a spring opening anticipated.

A cocktail lounge proposed for First Street has cleared its first hurdle – the Los Altos Planning and Transportation Comm...

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Books

"Fearless Genius" photos chart Silicon Valleys brain trust


Not every book needs pages and pages of words to tell a story – some do it through pictures.

“Fearless Genius: The Digital Revolution in Silicon Valley, 1985-2000” (Atria Books, 2014) by Doug Menuez features more than 100 photographs Menuez to...

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People

RUBY DOSHIM LAI

Ruby Doshim Lai was born on July 26, 1929 and passed away at home on January 10, 2015. A resident of Los Altos for over 50 years, Ruby is survived by her husband Bill; children Gwen, Tracy and Allyn; and grandchildren Kiyoshi and Misa.

Born on Mott ...

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Travel

Cuban photographer slated to appear at Foothill

Cuban photographer slated to appear at Foothill


Courtesy of Raúl Cañibano
Cuban photographer Raúl Cañibano is set to appear at Foothill College tonight. His work – including the image “Series: Guajira’s Land, Viñales, 2007,” right – is on display at the KCI Gallery t...

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Stepping Out

'Betrayal' at Pear

'Betrayal' at Pear


Ray Renati/Special to the Town Crier
The cast of Pear Avenue Theatre’s “Betrayal” includes Maryssa Wanlass, from left, Fred Pitts and William J. Brown III.

The Pear Avenue Theatre presents Harold Pinter’s investigation of modern relationships, “...

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Magazine

Tracing history on foot: Hidden Villa’s long hike

Tracing history on foot: Hidden Villa’s long hike


Campers on Hidden Villa’s Sierra Backpacking Trip study historical photos to measure how the land has changed and alternate serving as student leaders who guide the route of their three-week trek.

Amid the high-tech camps and programs of a Bay Area ...

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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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