Wed11262014

News

VTA plans for  El Camino Real prompt skepticism

VTA plans for El Camino Real prompt skepticism


Ellie Van Houtte/Town Crier
A Valley Transit Authority proposal to convert general-use right lanes on El Camino Real to bus-only use received a chilly reception last week.

A Valley Transit Authority proposal that prioritizes public transit along El...

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Schools

MVHS students attempt Guinness World Record

MVHS students attempt Guinness World Record


Barry Tonge/Special to the Town Crier
Local residents participate in an attempt to break the Guinness World Record for making the most friendship braceletsNov. 9 at Mountain View High.

More than 300 Mountain View High School students gathered around...

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Community

Bigger, better days ahead for Foothill Veterans Resource Center

Bigger, better days ahead for Foothill Veterans Resource Center


Student veterans at Foothill College can seek support, access resources and socialize at the Veterans Resource Center.
Ellie Van Houtte/Town Crier

Carmela Xuereb sees bigger things in store for the Foothill College Veterans Resource Center. One...

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Comment

Serving those who served us: Editorial

“Thank you for your service” often comes across as lip service to our veterans. As always, actions speak louder than words.

The Rotary Club of Los Altos has taken plenty of action, contributing time and money to improve opportunities for veterans th...

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Special Sections

NASA, Google agreement preserves Hangar One

NASA, Google agreement preserves Hangar One


Bruce Barton/Town Crier
Hangar One, pictured here last January, will be restored under an agreement between Google and NASA.

NASA and Google Inc. forged an agreement last week that allows Google to lease a portion of NASA’s historic Moffett Fede...

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Business

Report: Los Altos homes priciest in U.S.

Report: Los Altos homes priciest in U.S.


ToWn Crier File Photo
The average cost of a four-bedroom, two-bathroom home in Los Altos is 30 times more than the price of a similar home in Cleveland, according to a Coldwell Banker report.

The average cost of one Silicon Valley home can purchase ...

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Books

Children's author signs books at Linden Tree

Children's author signs books at Linden Tree


Author Tiffany Papageorge is scheduled to sign copies of new her book 11 a.m. Dec. 6 at Linden Tree Books, 265 State St., Los Altos.

Papageorge’s “My Yellow Balloon” (Minoan Moon, 2014) is a Mom’s Choice “Gold” winner. In the book, the Los Gat...

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People

RICHARD CAMPBELL WAUGH

RICHARD CAMPBELL WAUGH

Richard Campbell Waugh of Los Altos Hills, Ca. died at home October 31, 2014 surrounded by his family and caregivers.

Dick was born 1917, in Fayetteville, Arkansas. He earned a BS in chemistry from University of Arkansas and a PhD in organic chemi...

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Travel

Weekday Wanderlust highlights the joys of armchair travel

Weekday Wanderlust highlights the joys of armchair travel


Dan Prothero/Special to the Town Crier
Travel writers at the October gathering of the Weekday Wanderlust group include, from left, James Nestor, Kimberley Lovato, Paul Rauber, Marcia DeSanctis and Lavinia Spalding.

Travel writing should either ̶...

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Stepping Out

Pacific Ballet's 'Nutcracker' opens Friday in downtown Mtn. View

The Pacific Ballet Academy is back with its 24th annual production of “The Nutcracker,” scheduled this weekend in downtown Mountain View.

The story follows young Clara as she falls into a dream where her beloved nutcracker becomes the daring prince ...

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Magazine

Christmas At Our House home tour celebrates 26 years

Christmas At Our House home tour celebrates 26 years


Courtesy of Christopher Stark
Homes on the St. Francis High School Women’s Club’s Christmas at Our House Holiday Home Tour showcase a variety of architectural styles.

The days grow short on sunshine but long on nostalgia as the holidays approach...

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Will stocks ‘get scary’ in May?

Every day reveals new evidence that the U.S. economy is slowing down in the second quarter. Charles Nenner, founder of the Charles Nenner Research Center, suggests that the sell-off has just begun and that anyone buying stocks now has missed the bus by four years. Stocks may “get scary” in May, he predicted.

Prices for industrial commodities have slumped, as have prices for gasoline and crude oil. The poor inflation outlook reflects worries about faltering demand.

Continued weakness in the transport sector and cyclical stocks after the quarter earnings reports could heighten the risk of a full-fledged secondary correction. There are still quality stocks available at reasonable price valuations. Sound utility stocks that pay a good dividend remain a better investment than money stuck under the mattress.

Companies on the Town Crier “50” made headlines last week.

• IBM Corp. (IBM; $188.53) reported poor earnings for the first quarter, which could indicate a rough time for the stock market. The company’s stock movement after earnings has registered a stunning 75 percent success rate in predicting market direction over the past decade.

• Google Inc. (GOOG; $800.97) reported its first-quarter profit and loss statement last week. Even if the returns don’t excite investors, they shouldn’t deter anyone from purchasing the stock for the long haul.

Numbers indicated a strong performance in the company’s core advertising business, which reported $13.97 billion in gross revenues. Net income for the quarter came in at $3.5 billion. The only major loss resulted from Google’s Motorola hardware acquisition.

CEO Larry Page told analysts that Google would continue investing in speculative products ranging from high-speed fiber networks to wearable computers and driverless cars.

When self-driving technology spreads, Google will have a monopoly on licensing. Unfortunately, the company won’t realize returns from the developments until driverless cars dominate.

Google Glass should someday replace smartphones, increasing the company’s bottom line.

• Apple Inc. (AAPL; $398.66) released its March-quarter earnings, which will be observed keenly, Tuesday, after the Town Crier’s press deadline. The company’s stock tanked to its lowest level since December 2011 amid concerns regarding its direction and near-term outlook.

Macs appear to be bucking the industrywide personal-computer sales slump, and Apple maintained a 39 percent share of the U.S. market for smartphone operating systems in February/March.

Apple sent an open letter to its customers in China, vowing to improve its customer service. A Chinese regulator promised to increase supervision. Apple – and investors – should watch this matter closely, as China accounted for $7.3 billion in sales in the December quarter.

If Apple doesn’t announce a dividend increase when it reports its earnings, expect the stock price to drop further. Despite the lower price, many investors remain bullish in anticipation of new products before the end of the year.

Apple’s strategy of manufacturing only high-end iPhones has worked well, but Samsung is killing Apple in the market, and other vendors are challenging with different price levels and sizes.

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