Sat10252014

News

Election flyer mimics newspaper coverage

Election flyer mimics newspaper coverage

A flyer is being distributed across Los Altos that looks like it is from the Los Altos Town Crier but was neither created nor distributed by the community’s weekly newspaper. The flyer, pictured at right, is being distributed by workers from Pyrami...

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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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Dow takes backseat after 10-day rally

After the Dow Jones industrial averages closed higher for 10 straight days, a market pullback was not surprising, because bear markets often begin when earnings and dividends are at all-time highs.

Dividends for the S&P 500 hit a record high as well and could trend higher this year, as big banks are expected to increase their payouts soon in response to the Federal Reserve’s latest round of stress tests.

U.S. equities have pushed up their run for 10 consecutive days without a major consolidation since the start of the year, a result of funds flowing out of money markets and fixed incomes to equities. This kind of trend doesn’t change easily, and we can look for more of it.

Companies are doing better than expected and stockpiling money hand over fist. There is also hope that the Fed will continue printing money with urgency until unemployment falls below 6.5 percent. A shift from this policy could rattle the market and bring down equity prices. Sooner or later, a correction will occur – and it may be a good thing, to keep the market affordable.

Although interest rates are ridiculously low and have a bullish effect on the market, many investors remain skeptical because of continued gridlock in Washington, D.C.

Two Town Crier “50” companies made headlines last week.

• Microsoft Corp. (MSFT; $28.22) was fined $732 million by the European Union for failing to comply with an antitrust pact concerning its Internet browser. Some versions of the Windows operating system omitted a screen that allowed users to select a default Web browser. Microsoft blamed the violation on a glitch, which impacted the stock share price.

In other news, Microsoft agreed to sell its online advertising program – Atlas Advertising Suite – to Facebook for an undisclosed sum. The move highlights Facebook’s intention to overtake Google as the U.S. leader in online display ads.

Microsoft has a market cap of $233.82 million, with shares up 5.3 percent year to date. The stock currently offers a 3.3 percent dividend yield. Most analysts consider Microsoft a long-term buy or, at worst, a hold.

• LSI Corp. (LSI; $6.79), which designs, develops and markets storage and networking semiconductors worldwide, came across a new outlet for supplying chips to base stations in the disk-drive industry and is ready to break out on the upside. The company recently signed a deal with NetApp Inc. that could make it a game changer for how applications handle data in the future.

LSI boasts a projected earnings-per-share growth rate of 13 percent over the next five years. LSI stock is currently trading 25 percent below its 52-week high.

Recently analysts have downgraded the stock from “outperform” to “market perform.” The high market price is $10, with a low target of $7. While Deutsche Bank has downgraded the stock from a buy to a hold, no analyst has recommended a sell.

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