Fri04182014

News

City chips in $7,000 for SFMOMA installation

City chips in $7,000 for SFMOMA installation


Town Crier File Photo
The Los Altos City Council earmarked $7,000 for the purchase of Chris Johanson’s artwork.

The city of Los Altos will contribute $7,000 toward the purchase of a $28,000 art installation featured in the San Francisco Museum...

Read more:

Loading...

Schools

LASD students celebrate service learning

LASD students celebrate service learning


Courtesy of Sandra McGonagle
We Day, held March 26 at Oracle Arena in Oakland, exhorts students in the Los Altos School District to effect positive change.

More than 150 Los Altos School District student leaders joined 16,000 Bay Area students to ce...

Read more:

Loading...

Community

Film career launches with Cannes screening

Film career launches with Cannes screening


Courtesy of Zachary Ready
Los Altos native Zachary Ready, front left, and co-director Andrew Cathey, right, celebrate their Campus MovieFest awards.

After learning the art of filmmaking as a child in the front yard of his family’s Los Altos home...

Read more:

Loading...

Sports

Sports on the Side

Pathways Run/Walk slated May 10 in Hills

The 13th annual Pathways Run/Walk is scheduled 9 a.m. May 10 at Westwind Community Barn, 27210 Altamont Road, Los Altos Hills. The course wends through Byrne Preserve and onto the Los Altos Hills Pathways sys...

Read more:

Loading...

Comment

Now is the time to expand parking: Editorial

Just a few short years ago, vacancies dotted downtown Los Altos. Property owners had a hard time attracting businesses because there was a shortage of customers. That is no longer true. Now, the cry is: Where are my customers going to park?

The city...

Read more:

Loading...

Special Sections

Epicurean's Mary Clark Bartlett: Serving sustainability

Epicurean's Mary Clark Bartlett: Serving sustainability


Courtesy of Michael McTighe
Mary Clark Bartlett is founder and CEO of Los Altos-based Epicurean Group.

Labels such as “healthy,” “organic” and “green” are rarely used to describe the meals served in most corporate cafes in Silicon Valley. But on...

Read more:

Loading...

Business

Local realtor honored for volunteer efforts

Local realtor honored for volunteer efforts


Ellie Van Houtte/Town Crier
Coldwell Banker recently recognized realtor Kim Copher, right, for her philanthropic efforts. Copher and colleague Alan Russell, left, volunteer at Reach Potential Movement, where they collect books for its Bookshelf in ...

Read more:

Loading...

Books

Local Author Spotlight

In an effort to support authors from Los Altos, Los Altos Hills and Mountain View, many self-published, Book Buzz periodically spotlights their books and offers information on where to purchase them. Local authors are encouraged to submit brief summa...

Read more:

Loading...

People

Noteworthy

RotaCare honors local volunteer

RotaCare Bay Area honored Jim Cochran of the RotaCare Mountain View Free Medical Clinic with the Outstanding Clinic Volunteer Award April 10 for his commitment to RotaCare’s mission of providing free medical care to t...

Read more:

Loading...

Travel

Sausalito: Explore the historical city with world-class views

Sausalito: Explore the historical city with world-class views


Eren Göknar/ Special to the Town Crier
Sausalito offers panoramic views of the San Francisco Bay. A number of companies schedule boat tours that sail past Angel Island and Alcatraz.

On a clear day, Sausalito offers spectacular views of the San Franc...

Read more:

Loading...

Stepping Out

Western Ballet performs this weekend  at Smithwick Theatre in Los Altos Hills

Western Ballet performs this weekend at Smithwick Theatre in Los Altos Hills


Courtesy of Alexi Zubiria
Western Ballet’s “La Fille Mal Gardée” features Alison Share and Maykel Solas. The production runs Friday and Saturday at Foothill College

Western Ballet is slated to perform “La Fille Mal GardéeR...

Read more:

Loading...

Spiritual Life

Magazine

A yoga class a day keeps the stress away

A yoga class a day keeps the stress away


Van Houtte/Town Crier Yoga of Los Altos hosts a variety of classes, including Strong Flow Vinyasa, above, taught by Doron Hanoch. Yin Yoga instructor Janya Wongsopa guides a student in the practice, below.

It’s nearly 9 a.m. on a Monday mornin...

Read more:

Loading...

Stocks take a licking & keep on ticking

When the stock market stalls after an exhilarating upward climb, the temptation to look for a correction is understandable.

A long list of potential negatives is on the horizon, which could cause investors and the market to pull back. However, predicting the timing for a correction is guesswork. The Affordable Care Act, scheduled to take effect Oct. 1, and other looming geopolitical events are likely to influence the market in the fall.

There is no shortage of reasons to be bearish – consumer sentiment tanked this month, turmoil rages in the Middle East, the Federal Reserve may call a halt to its bond buying and interest rates could rise rapidly.

Stocks are not cheap these days, and bull markets tend to end when shares become expensive. Investors should do their homework.

For now, solid stocks are still available at reasonable valuations, including the following two blue chips on the Town Crier “50.”

• Microsoft Corp. (MSFT; $31.60) has been on the scene since 1975. But since global personal computer shipments plunged 14 percent in the first quarter, many of the early software pioneers are navigating stormy seas.

The recent quarter marked the end of Microsoft’s 2013 fiscal year. The company earned $2.58 a share, compared with $2 a share in 2012.

Long-term investors should consider the stock-price decline as a second chance to purchase Microsoft shares on sale. The yield is heading back toward 3 percent, and the company’s outlook isn’t as dismal as PC industry sales suggest.

Once the holiday season begins, shoppers will focus on consumer electronics. Microsoft has a great opportunity to become one of the star players with its new Xbox One. Judging by past performance, Microsoft should sell more than 2 million units of the Xbox One, in addition to scores of accessories.

On average, analysts predict that Microsoft will generate $23.02 billion in revenues and 78 cents in net profits in the fourth quarter. With those results, Microsoft could make itself more attractive than the dividend yield of 2.89 percent.

Numerous analysts have downgraded Microsoft stock from a buy to a hold. The target price is $35, with a high of $41 in the future.

• IBM Corp. (IBM; $184.24) is struggling, and the time has come to decide whether its stock is attractive to new money and worthy of investment. Second-quarter sales have dropped two years in a row, with all divisions suffering varying degrees of problems.

Financial analyst and broadcaster Jim Cramer last week ranked IBM as a sell. The 52-week high is $215, and the low $184.78.

“The easy money has been made, and I would sell,” Cramer said.

IBM is not the financial powerhouse it once was. At the end of the second quarter, it had slightly under $7 billion working capital against $26.3 billion in long-term debt.

Nearly two dozen analysts, including those representing UBS and Barclays, have upgraded the stock. Most rate IBM a hold, and none calls for a sell. The mean target price is $217.50, with a high of $250.

I have a long position in both Microsoft and IBM stock, and I don’t plan to buy more of either in the next month.

Schools »

Schools
Read More

Sports »

sports
Read More

People »

people
Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

photoshelter
Browse and buy photos