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News

LAH measure could boost sewer rates significantly

The Los Altos Hills City Council’s approval of a series of sewer service rate increases means residents could soon see a hefty jump in their tax bills.

There are 1,749 single-family residential units within Los Altos Hills and each currently p...

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Schools

MVLA foundation recounts first year of Learning in the Cloud

MVLA foundation recounts first year of Learning in the Cloud


Traci Newell/Town Crier
Robert Barker, Los Altos High World Literature teacher, demonstrates how students use online discussion in class.

Technology is no longer seen as a distraction in the classroom, as students in the Mountain View Los Altos ...

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Community

Faria and friends unite to raise funds for cancer research

Faria and friends unite to raise funds for cancer research


Courtesy of Joseph Faria
Supporters of last month’s Relay For Life event in Mountain View include, from left, Los Altos residents Matthew Aufricht, Connor Chu, Matthew Demele and Dominic, Eileen and Joseph Faria. The Los Altos Relay For Life is sla...

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Sports

Right  on track

Right on track


Megan V. Winslow/Town Crier
Mountain View High sophomore Rachael Estell leaps for the win in the girls long jump Friday at the CCS championships.

As far as locals go, the underclassmen overshadowed the seniors at the Central Coast Section track and ...

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Comment

Coffee with cops? We'll drink to that: Editorial

The recent “Coffee with a Cop” event proved a good public relations move for the Los Altos Police Department. It also provided a great opportunity for residents to ask questions and converse with several officers, including the police chief, in an in...

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Special Sections

Deciphering the irksome sounds cars often make

Ahh – the troublesome, telltale auto noise. It’s that squeak, screech, squeal, groan, grind, hum, hiss, rattle, knock, clicking or ticking that drives drivers crazy.

Even with all the technology in modern cars, the sounds our cars make t...

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Business

Local couple launches downtown restaurant

Local couple launches downtown restaurant


Alicia Castro/Town Crier
The Turn Bar & Grill crew prepares for the restaurant’s impending opening.

Jim and Julie Otis are prepared to realize their longtime dream.

The couple – lifelong Los Altos residents – wanted to ensure ...

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Books

Horan's 'Loving Frank' offers fictionalized account of famed architect's illicit affair

Horan's 'Loving Frank' offers fictionalized account of famed architect's illicit affair


In the 1920s, two married people fall in love, leave their spouses and children and set about living and traveling together. Affairs of this sort were considered shocking at the time. But the scandal was heightened given that the man was Frank Lloy...

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People

DR. WALLACE IRA SAMPSON

DR. WALLACE IRA SAMPSON

     

Dr. Wallace Ira Sampson, 85, passed away peacefully on Monday, May 25, at Santa Clara Valley Medical Center. He leaves his wife of 59 years, Rita (nee Landry) Sampson, brother Sandy, sons Robert, Paul (Suzanne), Buck (Kathryn), ...

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Travel

Flying south for the winter: Antarctica trips are not just for the birds

Flying south for the winter: Antarctica trips are not just for the birds


Photos Courtesy of Dave Hadden
Los Altos residents Dave and Joan Hadden watched the scenery from the large boat and a smaller Zodiac.

Standing on the beach with hundreds of thousands of penguins is “the experience of a lifetime,” according to Ga...

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Stepping Out

Kushner's 'Angels' arrives at Foothill

Kushner's 'Angels' arrives at Foothill


David Allen/Special to the Town Crier
Harper Pitt (Sophia Naylor) describes her life to Joe Pitt (Dan Martin) in “Angels in America,” playing in the Lohman Theatre at Foothill College through June 14.

The Foothill Theatre Arts Department’s produ...

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Spiritual Life

Magazine

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon


tanya kucak/Special to the Town Crier
Shrub manzanitas are known for their sinuous mahogany trunks and branches. If the foliage hides the bark, prune selectively to open the center so that the bark is visible year-round. This Montara manzanita is ...

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Inside Mountain View

Should we buy on the dip?

The market fell for the third day in a row last Friday, the first negative week for investors since mid-April. The drop triggered concern that began when Federal Reserve Chairman Ben Bernanke said a change could come in future meetings when the Fed reduces the stimulus. The stimulus programs Bernanke initiated have helped feed a four-year rally in stock prices.

Where is the market headed from here? Should investors buy on the dip? It’s a serious move and raises the question of whether such a move could be profitable when the Chinese economy is contracting. While Fed action remains a question mark and some stocks are still overbought, where but the stock market can you get a reasonable return for your money?

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

• Microsoft Corp. (MSFT; $34.20) shares have surged 28 percent this year, reaching levels last seen in January 2008. Gains were made despite sluggish personal computer sales and the company’s weakness in mobile computing.

The company, based in Redmond, Wash., with a presence in Mountain View, remains strong. No other competitor will eclipse the performance of Microsoft’s operating system or unseat Microsoft Office’s popularity – and Windows 8 is picking up steam. Microsoft’s recent ad campaign mocking Apple takes a negative slant but gets its point across.

Microsoft unveiled Xbox One, its first new video-game console in eight years. The console features a living-room system that claims to be the only system households will need for games, movies, television and other entertainment. It will be available for purchase later this year at an undisclosed price.

Analysts’ consensus reports on Microsoft stock predict that the opportunity is huge, but so are the challenges. Several analysts reversed recommendations from a buy to a hold. The high target price for Microsoft stock is $42 and the median $33.

• Hewlett-Packard Co. (HPQ; $24.40) shook up analysts and investors last week when its second-quarter results beat Wall Street expectations. Excluding certain items, the company posted earnings of 87 cents per share, down from a year ago but surpassing the estimate by 6 cents.

The Palo Alto-based company recorded sales of $27.6 billion, down by a half billion from a year ago. Profit sank 32 percent from the previous year.

In a conference call to analysts, CEO Meg Whitman said, “I must say that I’m encouraged with where we are. We have made significant progress, and you can feel the turnaround taking place at HP. Revenue growth is possible in 2014.”

Investors remain confused by the company’s sagging sales and profit over the past few years. The businesses HP acquired – including Autonomy for $11 billion – have not helped the bottom line either. The company exceeded forecasts by cutting costs and laying off 29,000 employees.

Before HP announced its quarter results, analysts had downgraded the stock to a sell, but post-results, they are recommending a hold. The mean target price for the stock is $20, with a high of $29.

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