Wed04012015

News

Council eyes bond for Hillview center

Council eyes bond for Hillview center


The Los Altos City Council accepted an $87.5 million cost model for its preferred layout for replacing Hillview Community Center. 

Residents could cast their votes as soon as November on a bond measure to partially fund the redevelopment of...

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Schools

Oak students showcase creativity in Destination Imagination competitions

Oak students showcase creativity in Destination Imagination competitions


Courtesy of Jane Lee Choe
The Sharp Cheddars, a team of Oak Avenue School sixth-graders, perform at the Destination Imagination state competition Saturday in Riverside.

A team of seven Oak Avenue School sixth-graders traveled to Riverside last week...

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Community

Heising-Simons Foundation relocates to 400 Main St. property in Los Altos

Heising-Simons Foundation relocates to 400 Main St. property in Los Altos


Bruce Barton/Town Crier
All in the family: Mark Heising, from left, Caitlin Heising and Elizabeth Simons make up the board of the eight-year-old Heising-Simons Foundation, now in its new headquarters at 400 Main St. in downtown Los Altos.

The He...

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Comment

What would Bob do?: Editorial

The recent passing of an extraordinary Los Altos resident, Bob Grimm, has generated a range of heartfelt reaction, from sympathy to fond memories, from all corners. That’s because Bob did not discriminate in his desire to help others with his money, ...

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Special Sections

Cars that are right on track

Cars that are right on track


Courtesy of BMW
The BMW M4 is packed with power, featuring 425 horsepower and 406 pound-feet of torque.

There’s nothing more fun than driving a responsive automobile that feels alive in the curves and eager to go when given more than a touch ...

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Business

First Street's 'Fort Knox' up for sale

First Street's 'Fort Knox' up for sale


Megan V. Winslow/Town Crier
The Los Altos Vault and Safe Deposit Co. is on the market for $4.5 million. Its fortified steel and concrete structure has been compared to the U.S. Federal Reserve’s gold depository.

A downtown Los Altos structure “b...

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Books

'Pope Joan' Book weaves tale around legend of female pontiff

'Pope Joan' Book weaves tale around legend of female pontiff


The idea that there may have a female pope at one time in history has generated much speculation throughout the centuries. “Pope Joan” (Crown, 1996) by Donna Woolfolk Cross, does not answer the question; rather, the author has created a detai...

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People

JOHN BATISTICH

JOHN BATISTICH

John Batistich of Los Altos Hills died peacefully on March 12 surrounded by his family. John is survived by his wife Claire Batistich (Vidovich) of 67 years and children Gary Batistich of Lodi and Gay Batistich Abuel-Saud of Menlo Park. He is also ...

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Travel

Eat, hike, soak: Cavallo Point Lodge offers Marin experience

Eat, hike, soak: Cavallo Point Lodge offers Marin experience


Eren Göknar/ Town Crier
Cavallo Point Lodge comprises former U.S. Army buildings, like the Mission Blue Chapel, repurposed for guests seeking a luxurious getaway.

It used to be a place where batteries of soldiers lived, with officers’ quarter...

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Stepping Out

'Fire' ignites in Mtn. View

'Fire' ignites in Mtn. View


Courtesy of Kevin Berne
The cast of “Fire on the Mountain,” includes, from left, Tony Marcus, Harvy Blanks, Molly Andrews and Robert Parsons.

TheatreWorks is slated to present the regional premiere of the musical “Fire on the Mountain” this wee...

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Spiritual Life

Spiritual Life Briefs

Oshman JCC hosts Judaism and Science Symposium

The Oshman Family Jewish Community Center has scheduled its inaugural Judaism and Science Symposium, “An Exploration of the Convergence of Jewish & Scientific Thought,” 5 p.m. April 12 at the JCC’s ...

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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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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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