Sun04262015

News

LAH resident killed in cycling accident

LAH resident killed in cycling accident

A longtime Los Altos Hills resident and philanthropist struck by a bicyclist Monday (April 20) while walking along Page Mill Road has died from the injuries she sustained.

Kathryn Green, 61, died a day after the accident, according to the Santa Clar...

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Schools

LASD Junior Olympics scheduled Saturday

LASD Junior Olympics scheduled Saturday


Town Crier File Photo
The Los Altos School District Junior Olympics are slated Saturday at Mountain View High School. District officials say the opening ceremonies, above, are always memorable.

Los Altos School District fourth- through sixth-grader...

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Community

Altruism, adventure in Africa: Los Altos couple relates experiences in new book

Altruism, adventure in Africa: Los Altos couple relates experiences in new book


Courtesy of Wendy Walleigh
Rick and Wendy Walleigh spent a year and a half in Swaziland and Kenya.

Los Altos residents Rick and Wendy Walleigh experienced long, successful high-tech careers. But retirement? No, it was time for an encore.

Leavin...

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Sports

Workout warriors

Workout warriors


Megan V. Winslow/Town Crier
Los Altos High gymnast Jessica Nelson soars by coach Youlee Lee during practice last week. Lee is a 2005 Los Altos High grad.

Some coaches would like to see their athletes work harder. Youlee Lee has the opposite problem ...

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Comment

Ending the debate: No Shoes, Please

In a general sense, everything is up for debate with me: What do I cook for dinner? Did I do the right thing? What color paint for the bedroom? Do I really want to go? Has the team improved? What difference does it make? Should I give him a call? Is...

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Special Sections

Fitness focus: No holds barred for Los Altos sisters

Fitness focus: No holds barred for Los Altos sisters


Photos Courtesy of Barre 3
Gillian Brotherson, kneeling at left, guides studio instructors through a workout at barre3 Los Altos.

Health is all about balance. That’s what two Los Altos natives learned as they navigated work, motherhood and welln...

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Business

Physical therapist brings business background to new Los Altos clinic

Physical therapist brings business background to new Los Altos clinic

Courtesy of Eliza Snow
Strive owner Robert Abrams, kneeling, runs a balance test.

With more than a dozen physical therapy clinics in Los Altos, one new business owner streamlined his approach in an effort to set his practice apart.

“I always wan...

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Books

People

CAPTAIN: CHARLES THOMAS MINOR

CAPTAIN: CHARLES THOMAS MINOR

Age 96

December 7, 1918  - March 28, 2015 

Chuck passed away peacefully in the home he built in Los Altos surrounded by his beautiful wife of 69 years, Bonnie, his two sons and their spouses, David Minor & Caryn Joe Pulliam; Steve &...

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Travel

Cuba libre: Local residents join mad rush of travelers

Cuba libre: Local residents join mad rush of travelers


Natalie Elefant/Special to the Town Crier
Los Altos resident Natalie Elefant noted the vibrant street performances as a traveler in Cuba.

The U.S. restored diplomatic relations with Cuba late last year, enabling Americans to import $100 worth of cig...

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Stepping Out

Stage fright

Stage fright


Joyce Goldschmid/Special to the Town Crier
“The Addams Family” stars, from left, Betsy Kruse Craig (as Morticia), Joey McDaniel (Uncle Fester) and Doug Santana (Gomez).

The Palo Alto Players production of “The Addams Family”...

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Spiritual Life

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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Inside Mountain View

Up to the challenge: Local leaders unite to help at-risk youth

Up to the challenge: Local leaders unite to help at-risk youth


Courtesy of Challenge Team
Jeanette Freiberg, bottom of pile, has fun with family members. The Challenge Team named Freiberg, a student at Mountain View High School, its 2015 Youth Champion.

There’s an ongoing joke among members of the Challenge...

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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.

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