Thu10302014

News

Police stress need for low speed in school zones

Police stress need for low speed in school zones


Town Crier File Photo
After two recent accidents involving cyclists and motorists, police urge caution – on both sides.

After two recent incidents of vehicles striking student bicyclists, Los Altos Police urge residents to exercise caution whe...

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Schools

Gardner Bullis School debuts new Grizzly Student Center

Gardner Bullis School debuts new Grizzly Student Center


Photo by Ellie Van Houtte/Town Crier
Students line up to check books out of the library in the new Grizzly Student Center at Gardner Bullis School.

Gardner Bullis School opened its new Grizzly Student Center earlier this month, introducing a lea...

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Community

Home improvement workshop scheduled Wednesday (Oct. 29)

The County of Santa Clara is hosting a free informational workshop on 6:30 p.m. Wednesday at Los Altos Hills Town Hall, 26379 Fremont Road.

The workshop will offer ways single-family homeowners can increase their homes’ energy efficiency. Eligible i...

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Comment

Off the fence: TC recommends 'yes' on N

The Town Crier initially offered no position on the controversial $150 million Measure N bond on Tuesday’s ballot. But some of the reasons we gave in our Oct. 15 editorial were, on reflection, overly critical and based on inaccurate information.

We ...

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Special Sections

Long-term solutions emerge as water conservation goes mainstream

Long-term solutions emerge as water conservation goes mainstream


Ellie Van Houtte/Town Crier
Forrest Linebarger, right, installed greywater and rainwater harvesting systems at his Los Altos Hills home.

With more brown than green visible in her Los Altos backyard, Kacey Fitzpatrick admits that she’s a little e...

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Business

Local realtors scare up money for charity

Local realtors scare up money for charity


Photo courtesy of SILVAR
Realtors Gary Campi and Jordan Legge, from left, joined Nancy Domich, SILVAR President Dave Tonna and Joe Brown to raise funds for the Silicon Valley Realtors Charitable Foundation.

Los Altos and Mountain View realtors raise...

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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

DAVID S. NIVISON

DAVID S. NIVISON

David S. Nivison, 91 years old, and a resident of Los Altos, California since 1952, died Oct. 16, 2014 at home.  His neighbors had recently honored him as the “Mayor of Russell Ave., in recognition of 62 years of distinguished living” on that ...

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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

ECYS opens season Sunday

ECYS opens season Sunday


Ramya Krishna/Special to the Town Crier
The El Camino Youth Symphony rehearses for Sunday’s concert, above.

The El Camino Youth Symphony – under new conductor Jindong Cai – is scheduled to perform its season-opening concert 4 p.m....

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Spiritual Life

Christian Science Reading Room hosts webinar on prayer and healing

Christian Science practitioner and teacher Evan Mehlenbacher is scheduled to present a live Internet webinar lecture, “Prayer That Heals,” 7:30 p.m. Nov. 14 in the Christian Science Reading Room, 60 Main St., Los Altos.

Those interested ...

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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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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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