Mon03022015

News

Los Altos Police nab alleged burglar, identity thief

Los Altos Police nab alleged burglar, identity thief

The Los Altos Police Department received a call from a local resident reporting a suspicious vehicle in the area of Lockhaven and Stonehaven drives in Los Altos at 9 a.m. Monday. The resident, who reported that his mail was possibly stolen, provided ...

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Schools

Former NFL player huddles with Blach students about life choices

Former NFL player huddles with Blach students about life choices


Ellie Van HOutte/Town Crier
Former NFL tight end Eason Ramson visited with Blach Intermediate School students, Feb. 13 to share the perils of drug use. Now a motivational speaker, Ramson works with at-risk teens in San Francisco.

Although former ...

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Community

Chi Am Circle, Chef Chu's prove 'golden': Club sets fundraising goal of $200K for March fashion show

Chi Am Circle, Chef Chu's prove 'golden': Club sets fundraising goal of $200K for March fashion show


Courtesy of Bev Harada
Chi Am Circle members, from left, Gerrye Wong, Sylvia Eng, Pearl Lee and Muriel Kao flank Larry Chu Sr. at the Jan. 31 event honoring the club’s 50th and Chef Chu’s 45th anniversaries.

Chef Chu’s restaurant in Los Altos ho...

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Comment

Freedom's just another word: No Shoes, Please

It used to be that the word “freedom” held exclusively positive connotations for me, but now it’s really become a mixed bag. It all started in 2001 when President George W. Bush asked the question he felt was on the minds of most Americans regarding ...

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Special Sections

Filoli in bloom: Historic estate hosts  classes, events and tours

Filoli in bloom: Historic estate hosts classes, events and tours


Ellie Van Houtte/Town Crier
Scenes from Filoli: The historic estate in Woodside is a welcoming sanctuary for visitors. The grounds offer a rotating display of seasonal flowers, a tranquil reflecting pool and paths that wend through the 16-acre Engl...

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Business

Stock volatility still confusing

The market opened down more than 100 points Friday but by noon rose more than 130, the form of volatility that quickly draws investors’ attention. By week’s end, the Standard & Poor’s 500 index and the Dow Jones industrial aver...

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Books

French novel

French novel "Hunting and Gathering" offers character-driven suspense


Anna Gavalda is a well-known author in her native France, where she has published six books, most of which have met with considerable praise and commercial success. Her fourth novel, “Hunting and Gathering” (Riverhead Books, 2007), is filled ...

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People

CHRIS A. KENISON

CHRIS A. KENISON

Feb 13, 1945-Feb 6, 2015

Resident of Los Altos

Chris was born in Georgia and moved to Oklahoma as a young child. He grew up there and moved to California in 1965. He developed a strong work ethic from his grandparents and parents. He attended the...

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Travel

Seoul of the city: Korean capital offers mix of old and new

Seoul of the city: Korean capital offers mix of old and new


Ramya Krishna/Special to the Town Crier
Seoul’s Cheonggyecheon public recreation space, above, features an elevated pedestrian bridge.

Seoul, South Korea, is a study in contrasts. Having grown quickly, the city is a mix of old and new.

Using...

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Stepping Out

'Park' in the hills

'Park' in the hills


courtesy of Foothill Music Theatre
Dot (Katie Nix) imagines her dream job as a follies dancer in the Foothill Music Theatre production of “Sunday in the Park with George.” The play runs through March 8.

Foothill Music Theatre’s production of “Su...

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Spiritual Life

Is your thought life sabotaging your spiritual journey?

My computer started having problems – there seemed to be some sort of malware running in the background. At first it was just annoying, then it began to slow down my computer, interfering with its basic operations. What is it doing? Why can...

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Magazine

Local events serve up family fun

Local events serve up family fun


Courtesy of Peninsula Youth Theatre
Peninsula Youth Theatre’s production of “Pecos Bill: A Tall Tale” is slated to open March 20 in Mountain View.

For families seeking a break from the daily routine, events abound this month and next in Los Alto...

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Primary stock trend still bullish

Although S&P 500 stocks faltered Friday, the index posted positive gains in the first half of 2013 – its strongest first half, in fact, since 1998.

The market has sustained its share of volatility over the past month, and further fluctuations are possible in the near term. However, the market’s primary trend remains bullish. Stock market corrections can be scary, as recent events indicate – the possibility of the Federal Reserve tampering with interest rates, problems in China and concerns over second-quarter profits.

While the roller-coaster ride troubles many investors, buckle your seat belts and continue to look for new growth and income investments.

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

• Apple Inc. (AAPL; $410.66) stock is declining, largely because iPhone inventories are high and sales are lower – consumers in India and Western Europe have flocked to cheaper alternatives.

Hoping to boost sales, Apple introduced an exchange program wherein the company pays up to $200 for older iPhones if a user upgrades to an iPhone5. While the tactic may increase sales, it could also put pressure on Apple’s profit margins.

In other news that reduced share price, lawyers offered closing arguments in the lawsuit that accuses Apple of colluding to inflate e-book prices. Additionally, while many hedge funds identified Apple as among their favorite stocks, they are now downgrading its value because of the lower gross margins pulling down the company’s earnings.

Apple will report its second-quarter results in late July – they should be light compared to previous quarters.

Analysts currently expect a flat year in sales, with a 21 percent decline in earnings. Many analysts consider Apple stock a hold or long-term buy, with a mean target price of $538 and a high of $888.

• Microsoft Corp. (MSFT; $34.46) is still trying to get back in the game with its cloud-computing venture. The company explored purchasing Nokia’s mobile phone business as a way to build an e-commerce website but eventually gave up. Microsoft did succeed in collaborating with Oracle Corp. on a cloud-computing partnership that allows customers to run Oracle software on Microsoft’s cloud platform.

The company plans to release a refinement of Windows 8 – Windows 8.1. The new version allows users to launch the operating system in a desktop mode that should please fans of the older versions of Windows. The new 8.1 Windows also returns the Start button to the lower-left corner of the desktop and allows users to boot directly to the desktop interface – a positive for the many users who haven’t updated.

With developers building multidevice, multiscreen, cloud-connected experiences, Windows provides capabilities to build modern applications quickly using Microsoft and Oracle.

Many analysts consider Microsoft stock a hold, but with new applications imminent, the holiday season for Windows 8.1 looks much more optimistic. Analysts target a mean price for Microsoft at $36.20 and a high at $42.

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