Tue06302015

News

LAH council approves  Page Mill Road expansion

LAH council approves Page Mill Road expansion


Megan V. Winslow/Town Crier
The Los Altos Hills City Council endorsed a plan to widen the congested Page Mill Road to six lanes between the Interstate 280 interchange and Foothill Expressway.

Infamously congested Page Mill Road should be widened to ...

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Schools

Local muralist tells a story of young Los Altos at two schools

Local muralist tells a story of young Los Altos at two schools


Eliza Ridgeway/Town Crier
Los Altos muralist Morgan Bricca, above, created a work at Covington School commissioned by the Class of 2015.

Just as school ended this year, new color bloomed on two Los Altos campuses – public art projects commissi...

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Community

Los Altos girl out to 'squash' inequality: 10-year-old raises funds for female players with motto Equal pay for play

Los Altos girl out to 'squash' inequality: 10-year-old raises funds for female players with motto Equal pay for play


Courtesy of Lisa Bardin
Mika Bardin displays a certificate of participation she received at the 2015 U.S. Junior Squash Championships. Although Mika is not competing in the upcoming NetSuite Open Squash Championships, she is helping other female pl...

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Sports

Hurdling adversity

Hurdling adversity


courtesy of Nicole Goodwin
Ella Goodwin, hurdling, above, has come a long way since her early-childhood battle with leukemia.

While Nicole Goodwin is proud of daughter Ella’s athletic achievements, it’s not her skills on the soccer field...

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Comment

No confidence in civic center proposals: Editorial

Few Los Altos issues have become more convoluted than the development of the 18-acre Hillview civic center property. Most agree that the area, as currently configured, needs improvement. But nothing has happened in the nearly 10 years since serious d...

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Special Sections

Star-spangled manor: Orange Avenue home boasts Americana theme

Star-spangled manor: Orange Avenue home boasts Americana theme


Megan V. WInslow/Town Crier
Los Altos resident Pinky Whelan’s Orange Avenue home features a patriotic theme, evident in her living room decor, her historical collections and displays and her welcoming entrance.

Let’s hear it for the red...

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Business

Thai Silks shutters Los Altos store this month

Thai Silks shutters Los Altos store this month


Megan V. Winslow/Town Crier
After more than 50 years in business in downtown Los Altos, Thai Silks is closing up shop at 252 State St. by the end of the month. The store will continue to offer its inventory online and via phone.

A longtime downtown ...

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Books

People

ALAN FRAZIER KREMEN, MD, PHD

ALAN FRAZIER KREMEN, MD, PHD

Alan Frazier Kremen, MD, PhD, aged 68, loving father & surgeon, of Stockton peacefully passed away on June 13th, 2015.

Born in Minneapolis on December 17, 1946, he received a BA from Stanford University, 1968, a PhD in Philosophy from the Univ...

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Travel

Venetian spa offers ways to de-stress

Venetian spa offers ways to de-stress


Courtesy of The VEnetian
The HydroSpa in the Canyon Ranch SpaClub at The Venetian in Las Vegas offers a muscle-relaxing bath and radiant lounge chairs.

Vegas cab drivers usually ask if you won or lost as soon as you get in their vehicles. They assum...

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Stepping Out

'Town' closes down

'Town' closes down


Chris Peoples/Special to the Town Crier
Hope Cladwell (played by Krista Joy Serpa) and Bobby Strong (Lewis Rawlinson) get romantic during their duet in “Urinetown: The Musical.”

The Los Altos Stage Company production of “Urinetown: The Musical” ...

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Spiritual Life

Magazine

Living it up Older adults aim to age in place

Living it up Older adults aim to age in place


Megan V. Winslow/Town Crier
Local enthusiasts flock to the Los Altos Senior Center to play bocce ball. The center hosts informal games four days a week and occasional tournaments.

As baby boomers in Los Altos, Los Altos Hills and Mountain View nose...

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Inside Mountain View

Carrying the torch

Carrying the torch


Members of the Mountain View Police Department carry the Special Olympics torch as they run along El Camino Real between Sunnyvale and Palo Alto June 18. Members of the department participate in the relay annually to show their support for Spec...

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This stock sell-off is an opportunity

Investors sent the stock market into a panic last week, selling their stocks after Federal Reserve Chairman Ben Bernanke reported that free money and high liquidity are about to come to an end. Bernanke indicated that if economic data continue to improve, the Fed will begin pulling back on its $85 billion per month buying program, with plans to wrap it up entirely next year.

The Fed assumes that the economy is gaining strength and that the future outlook for stocks is inviting. Investors should consider the sell-off an opportunity to buy high-quality stocks that are leaders in their class, because the turbulence won’t last.

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

• Adobe Systems Inc. (ADBE; $43.94) reported second-quarter profits that exceeded analysts’ estimates. Subscribers continue to sign up for Adobe’s cloud computing services, with the company adding 221,000 Creative Cloud subscribers last quarter for a total of 700,000.

Adobe forecast sales of $975 million to $1.03 billion and earnings of 29-35 cents a share for the current fiscal quarter.

According to company officials, 12.8 million customers are using Adobe’s desktop products, 8.4 million via suites that bundle programs and 4.4 million via individual tools. While Adobe predicts 4 million subscribers for its cloud service by the end of 2015, there is a potential market of 8 million creative professionals for the programs.

Adobe faces a fearsome competitor for cloud computing services in Oracle Corp., but many analysts are upgrading Adobe stock because of the potential for a billion-dollar recurring revenue stream. The mean target price for Adobe stock is $47.67 per share, with a high target of $58.

• Apple Inc. (AAPL; $403.18) officials announced last week that the company signed a contract with the Los Angeles Board of Education to provide iPads to every student on 47 campuses beginning in the fall – a $30 million commitment. The board voted unanimously to supply the iPads.

“The iPad rated the best in quality, was the least-expensive option and received the highest scoring by a review panel that included students and teachers,” said Jamie Aquino, the Los Angeles Unified School District’s superintendent of instruction.

Apple is expected to roll out new models in the fall, including the iPhone5S with new fingerprint technology and larger screens as well as a cheaper version in five to six colors to differentiate it from the more expensive models. The cheaper model is necessary to compete in China and India.

In its latest earnings report, Apple CEO Tim Cook revealed that the company would expand its share buyback program from $10 billion to $60 billion. Cook also reported a 15 percent increase in Apple’s dividend, bringing the quarterly payout to $3.05.

Apple’s revenue growth has declined from the plush days of 2010, when the company’s fortunes rode high on the sales of iPads and iPhones and its share price topped $700.

Today, just 75 percent of the 68 analysts covering Apple consider the stock a buy, with most concerned about the e-book price-fixing scandal and/or the U.S. International Trade Commission’s ruling that Apple violated Samsung patents.

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