Wed10222014

News

Council hosts study session on downtown parking garage

Council hosts study session on downtown parking garage


Ellie Van Houtte/Town Crier
The Los Altos City Council continues to explore options to address parking constraints in the downtown triangle.

The Los Altos City Council last week held the first of two study sessions to discuss the potential construct...

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Schools

LAHS Science and Technology Week features medical examiner

LAHS Science and Technology Week features medical examiner


Ellie Van Houtte/Town Crier
A Los Altos High School student learns how to use robotic surgical equipment at the school’s Science and Technology Week event last year. Students can also attend hands-on presentations at this year’s event, w...

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Community

Ahoy, matey: Pirate Manor ramps up Halloween display

Ahoy, matey: Pirate Manor ramps up Halloween display


Town Crier File Photo
Pirate Manor is once again scheduled to arrive in the front yard of Dane and Jill Glasgow’s home on Manor Way in Los Altos, just in time for Halloween.

Although not the Walking Dead, pirate skeletons have been brought to li...

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Sports

Lancers rule the pool against Spartans

Lancers rule the pool against Spartans


Ellie Van Houtte/Town Crier
St. Francis High’s Eric Reitmeir launches the ball over Mountain View High driver David Niehaus (2) and goalie Kenny Tang. The host Lancers won Friday’s non-league game 9-3.

There wasn’t a lot on the line Friday when ...

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Comment

Reeder, Fung for El Camino HCD: Editorial

The good news for the El Camino Healthcare District (formerly the El Camino Hospital District, for those still getting used to the new name) is that there is a contested election Nov. 4 for the district’s board of directors. Three candidates are runn...

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Special Sections

Plant-based diet offers benefits

Plant-based diet offers benefits


Photo by Ramya Krishna
Los Altos resident Nandini Krishna prepares a meat-free dish According to author Caldwell B. Esselstyn Jr., M.D., a plant-based diet can help prevent cancer.

Shirley Okita of Los Altos has found that adhering to a mostly plant...

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Business

New shop offers haute couture for girls

New shop offers haute couture for girls


Ellie Van Houtte/Town Crier
The Girls @ Los Altos at 239 State St. offers clothing lines such as Nellystella as well as toys and other items for girls.

Cecilia Chen opened The Girls @ Los Altos as a tribute to the party dress. Whether it’s for...

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Books

Helping kids catch a few Zs: Local dental hygienist pens meditative bedtime book

Helping kids catch a few Zs: Local dental hygienist pens meditative bedtime book


Ellie Van Houtte/Town Crier
Mimi Sommers, who works at a Los Altos dentist’s office, recently wrote a children’s book.

A local dental hygienist recently published a book that aims to ease parents and children during a sometimes anxious e...

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People

BARBARA DARLING MERIDETH

1946-2014

Born in Palo Alto, raised in Los Altos, retired in southern Oregon. Survived by Peter James Merideth, sons Matthew, Jacob and John Merideth, the loves of her life.

She was a housewife who took great pride in her home, her surroundings and...

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Travel

Falling leaves: Four places in California to see autumn colors

Falling leaves: Four places in California to see autumn colors


Courtesy of Castello di Amorosa
Castello di Amorosa in Calistoga, above, boasts a beautiful setting for viewing fall’s colors – and sampling the vineyard’s wines.

Yes, Virginia, there is fall in California.

The colors pop out in...

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Stepping Out

'Sleepy Hollow' awakens at Bus Barn

'Sleepy Hollow' awakens at Bus Barn



Los Altos Youth Theatre’s production of “The Legend of Sleepy Hollow,” a musical based on Washington Irving’s classic story, is set to run through Nov. 2 at Bus Barn Theater. The cast comprises 27 young actors, directed by Cindy Powell. Courtesy o...

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Spiritual Life

Magazine

Local events add color to autumn calendar

Local events add color to autumn calendar


Van Houtte/town crier Visitors make their way through the Children’s Alley.

As Los Altos’ signature Chinese Pistache trees exchange their summer green for vibrant hues of yellow, orange and red in the fall, an abundance of local events also ad...

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Stock market soars to record high

The stock market set new highs every day last week, and there shouldn’t be any speed bumps in the near term.

Declining unemployment is a big sign of improvement in the U.S. economy. The unemployment rate fell to 7.7 percent, its lowest level since 2008, and the economy added 236,000 jobs.

The Dow hit a record high of 14,165 Oct. 9, 2007, but the market lost more than half its value within 15 months. Worries remain as the March 27 deadline looms – current funding for the federal government expires, raising the specter of another shutdown battle.

Investors have been buying into the market during this week’s rally. The recovering economy and loose monetary policy by central banks around the world have pushed U.S. stocks higher this year. With the market firmly in bullish territory and economic drivers pointing upward, experts advise investors to keep 95 to 98 percent of their equity positions in the market.

Two Town Crier “50” stocks in the news:

• Yahoo Inc. (YHOO; $22.70) gave President and CEO Marissa Mayer a $1.1 million bonus in addition to her $1.1 million salary and stock compensation worth $56 million.

The board and investors rewarded Mayer for the company’s stock performance during her first five months at the helm – the stock rose from $16.54 to $22.90, a 46 percent gain. The company has hired six CEOs in five years, and most have looked outward. Mayer has concentrated on fixing internal problems.

She recently put an end to Yahoo’s work-from-home option. Approximately 200 employees worked from home, leaving empty cubicles and parking spaces at the company’s Sunnyvale headquarters. Mayer wanted workers in the office.

Since Mayer took the reins, analysts have begun to jump on the Yahoo bandwagon, with numerous analysts upgrading the stock from a hold to a buy.

• Rambus Inc. (RMBS; $5.66) has transferred a portfolio of patent assets covering display technologies to a subsidiary of Acacia Research Corp.

Rambus received an initial upfront payment and is expected to receive subsequent payments.

“The transaction enables Rambus to deliver value to our shareholders while we focus our resources and investments in other areas,” said Ronald Black, Rambus president and CEO.

The Sunnyvale-based company, founded in 1990, engages in the creation, design, development and licensing of patented innovations, technologies and architecture to digital electronic products.

Rambus’ share price has ranged between a high of $150 in 2000 to a low of $3 in 2002, with a 4:1 split in June 2000. The share price in 2010 fluctuated between $20 and $24, giving the firm a market capitalization value of $2.5 billion.

The company has lived with continuous lawsuits that determine the market price. In the past 52 weeks, the stock price has ranged between $3.78 and $6.96.

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