Sun04262015

News

LAH resident killed in cycling accident

LAH resident killed in cycling accident

A longtime Los Altos Hills resident and philanthropist struck by a bicyclist Monday (April 20) while walking along Page Mill Road has died from the injuries she sustained.

Kathryn Green, 61, died a day after the accident, according to the Santa Clar...

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Schools

LASD Junior Olympics scheduled Saturday

LASD Junior Olympics scheduled Saturday


Town Crier File Photo
The Los Altos School District Junior Olympics are slated Saturday at Mountain View High School. District officials say the opening ceremonies, above, are always memorable.

Los Altos School District fourth- through sixth-grader...

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Community

Altruism, adventure in Africa: Los Altos couple relates experiences in new book

Altruism, adventure in Africa: Los Altos couple relates experiences in new book


Courtesy of Wendy Walleigh
Rick and Wendy Walleigh spent a year and a half in Swaziland and Kenya.

Los Altos residents Rick and Wendy Walleigh experienced long, successful high-tech careers. But retirement? No, it was time for an encore.

Leavin...

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Sports

Workout warriors

Workout warriors


Megan V. Winslow/Town Crier
Los Altos High gymnast Jessica Nelson soars by coach Youlee Lee during practice last week. Lee is a 2005 Los Altos High grad.

Some coaches would like to see their athletes work harder. Youlee Lee has the opposite problem ...

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Comment

Ending the debate: No Shoes, Please

In a general sense, everything is up for debate with me: What do I cook for dinner? Did I do the right thing? What color paint for the bedroom? Do I really want to go? Has the team improved? What difference does it make? Should I give him a call? Is...

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Special Sections

Fitness focus: No holds barred for Los Altos sisters

Fitness focus: No holds barred for Los Altos sisters


Photos Courtesy of Barre 3
Gillian Brotherson, kneeling at left, guides studio instructors through a workout at barre3 Los Altos.

Health is all about balance. That’s what two Los Altos natives learned as they navigated work, motherhood and welln...

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Business

Physical therapist brings business background to new Los Altos clinic

Physical therapist brings business background to new Los Altos clinic

Courtesy of Eliza Snow
Strive owner Robert Abrams, kneeling, runs a balance test.

With more than a dozen physical therapy clinics in Los Altos, one new business owner streamlined his approach in an effort to set his practice apart.

“I always wan...

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Books

People

CAPTAIN: CHARLES THOMAS MINOR

CAPTAIN: CHARLES THOMAS MINOR

Age 96

December 7, 1918  - March 28, 2015 

Chuck passed away peacefully in the home he built in Los Altos surrounded by his beautiful wife of 69 years, Bonnie, his two sons and their spouses, David Minor & Caryn Joe Pulliam; Steve &...

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Travel

Cuba libre: Local residents join mad rush of travelers

Cuba libre: Local residents join mad rush of travelers


Natalie Elefant/Special to the Town Crier
Los Altos resident Natalie Elefant noted the vibrant street performances as a traveler in Cuba.

The U.S. restored diplomatic relations with Cuba late last year, enabling Americans to import $100 worth of cig...

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Stepping Out

Stage fright

Stage fright


Joyce Goldschmid/Special to the Town Crier
“The Addams Family” stars, from left, Betsy Kruse Craig (as Morticia), Joey McDaniel (Uncle Fester) and Doug Santana (Gomez).

The Palo Alto Players production of “The Addams Family”...

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Spiritual Life

Magazine

Food for thought: Hidden Villa programs offer teens training in sustainability on the farm

Food for thought: Hidden Villa programs offer teens training in sustainability on the farm


/Town Crier It’s not all cute and cuddly for teens participating in the eight-week Animal Husbandry Apprenticeship program at Hidden Villa in Los Altos Hills. Mia Mosing of Palo Alto, left, and Sophia Jackson of Los Altos clean the pigpens – one of...

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Inside Mountain View

Up to the challenge: Local leaders unite to help at-risk youth

Up to the challenge: Local leaders unite to help at-risk youth


Courtesy of Challenge Team
Jeanette Freiberg, bottom of pile, has fun with family members. The Challenge Team named Freiberg, a student at Mountain View High School, its 2015 Youth Champion.

There’s an ongoing joke among members of the Challenge...

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There’s no sell and go away this May

On the last day of May, the bears had their say, but “Sell in May and go away” hasn’t held true. The Dow Industrials and the S&P are up 3.5 percent and even Nasdaq is up approximately 5 percent since the first of the year. In other words “Sell in May and Go Away” has not held true this year but the bears are grunting with the market down nearly 209 points the last day in May.

While the Dow Industrials closed at all-time highs May 28, the broader market has moved sideways over the past two weeks with interest rates rising.

The Treasury yields are rising with the 10-year note now doing better than 2 percent for the first time this year. This will hurt utility and favorite stocks that pay a yield of approximately 3 percent. Stocks bought primarily for their dividend yields will be hit hardest.

This past week the Japanese stock market became volatile when the Nikkei shed 5 percent and the $1 trillion Government Pension Investment Fund considered changes in the allocation and drifted away from their targeted levels. Other governments are watching the outcome.

The dollar is regaining strength but the Federal Reserve could make a policy change that would reduce or end quantitative easing or end the stimulus. Once the stimulus stops, we will return to old fundamental practices.

Several pundits commented that something’s up. Every analyst can tell, but nobody is quite sure what it is. Is it time to sell a small portion of the portfolio and keep a little cash on hand? No, the bulls still have the driving hand and investors shouldn’t read too much into one month’s data.

Here’s a look at two Town Crier stocks in the news this week.

• Cisco Systems Inc. ($24.26; CSCO) has challenged the European Commission’s approval of Microsoft’s $8.5 billion purchase of Skype, a provider of Internet video and phone service in 2011.

Cisco’s earnings per share increased 6 percent to $0.51 excluding special items in the April Quarter, topping the consensus by $0.02. Revenue climbed 5 percent to $12.22 billion, also ahead of expectations. Cisco is looking toward a repeat performance for the fourth quarter.

Cisco expects to boost its strength in mobile services through more acquisitions and several product expansions through additions.

Cisco is considered a current and a long-term buy with numerous analysts.

• Applied Materials Inc. ($15.39; AMAT) provides manufacturing equipment, services and software to the semiconductor, flat panel display and related industries worldwide. The stock of the Santa Clara firm has moved up 35 percent since the first of the year with a market cap of $17.87 billion.

Applied Materials reported its second quarter operating income of $285 million and adjusted income of $199 million of 16 cents per diluted share. Net sales were $1.97 billion, up 25 percent.

“For the second quarter in a row, Applied had strong order performance of more than $2 billion,” said Chairman and CEO Mike Splinter. “We are seeing increasing pull from some of out largest strategic customers for our key enabling technologies.”

Analysts were mixed on future results with numerous recommending downgrades to hold or neutral. The Street rates Applied as a hold. The company’s strengths can be seen in multiple areas such as its solid stock price performance with reasonable debt levels and expanding profit margins.

Mean target price is $15.08 which has already been passed. High target price is $20.

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