Tue07222014

News

Q&A with Anne Wojcicki: 23andMe founder, local resident discusses Los Altos investments

Q&A with Anne Wojcicki: 23andMe founder, local resident discusses Los Altos investments


Anne Wojcicki

For the past several years, Anne Wojcicki (Wo-JIT-skee) has been quietly involved in efforts to spruce up downtown Los Altos. She and her husband, Google Inc. co-founder Sergey Brin, helped form Passerelle Investment Co., which own...

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Schools

Foothill fall registration opens Monday

Local residents interested in earning a specialized career certificate, associate degree or updated job skills can enroll beginning Monday when Foothill College opens fall registration.

In addition to its continuing-education courses, the college pr...

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Community

Sports

Stewart accepts job as baseball coach at Los Altos High

Stewart accepts job as baseball coach at Los Altos High


Los Altos High administrators offered Gabe Stewart the job of head baseball coach at Los Altos High even before he could apply for it.

“They approached me – they wanted an on-campus coach,” said Stewart, an AP History teacher at ...

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Comment

A good start – now follow through: Editorial

The recent announcement of a five-year agreement between the Los Altos School District and Bullis Charter School is welcome relief for the entire community. After years of dispute and litigation, the pact is nothing short of a minor miracle.

Among t...

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Business

In the business of fostering business

In the business of fostering business


took over as Los Altos’ new economic development coordinator in May after spending the past two years working as city assistant planner. Ellie Van Houtte/ Town Crier

Sierra Davis is wearing a slightly different hat these days as a Los Altos cit...

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Books

"Frozen in Time" chronicles harrowing WWII rescue attempts


Many readers can’t resist a true-life adventure story, especially those that shine a spotlight on people who exhibit supreme courage in the face of adversity and end up surviving – or not – against the odds.

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People

GORDON E. BRANDT

GORDON E. BRANDT

In May of 2014, Gordon E. Brandt passed away after a one and one half year battle with Lymphoma. He died peacefully at home, surrounded by his family.

Gordon was born in Los Angeles, CA on July 13, 1930. He graduated from Fremont High School in 19...

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Travel

British Columbia: Richmond, Steveston, Victoria hold surprises

British Columbia: Richmond, Steveston, Victoria hold surprises


Courtesy of Tourism Richmond
Shops, restaurants and museums dot the boardwalk in British Columbia’s Steveston, a great site for strolling.

Picturesque British Columbia has long been on our bucket list, and we recently fulfilled that dream.

We...

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Stepping Out

LA Youth Theatre, LA Stage Company join forces for 'Oz'

LA Youth Theatre, LA Stage Company join forces for 'Oz'


Joyce Goldschmid/Special to the Town Crier
The cast of “The Wizard of Oz” includes, clockwise from top left, Dana Levy (as Tinman), Rebecca Krieger (Cowardly Lion), Sarah Traina (Scarecrow) and Osher Fein (Dorothy).

Los Altos Youth Theatre and L...

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Spiritual Life

Stanford students study religion through campus artifacts

The inscriptions inside Memorial Church, the death mask of Jane Stanford and the nod to the Egyptian ankh symbol formed by Palm Drive and the Stanford Oval all have one thing in common: Each was a topic of discussion for the students enrolled in a un...

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Magazine

Festival features fun for everyone

Festival features fun for everyone


TOWN CRIER FILE PHOTO
The Los Altos Arts & Wine Festival boasts more than 375 craft and arts booths.

This weekend’s 35th annual Los Altos Arts & Wine Festival promises to be jam-packed with fun activities for just about everyone. The eve...

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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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