Thu10022014

News

LA Council race adds 3 new faces to city politics

LA Council race adds 3 new faces to city politics


The Town Crier chronicled the first election of Los Altos City Council incumbent Jarrett Fishpaw in 2010 and documented the Los Altos candidacy of Jean Mordo, who volunteered as a longtime public servant in Los Altos Hills before moving to the flat...

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Schools

St. Simon launches web-based learning management system

St. Simon launches web-based learning management system


Courtesy of St. Simon Parish School
St. Simon fifth-grader Matthew Cummins uses a laptop in class last week. The school’s cloud-based Schoology system boosts organization and collaboration.

Families at St. Simon Parish School in Los Altos laun...

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Community

Los Altos to celebrate 100 years of library use with 'Centennial Faire'

Los Altos to celebrate 100 years of library use with 'Centennial Faire'


Town Crier File Photo
The Los Altos main library is among the more popular branches in the county library district system, set to celebrate 100 years.

In 1914, Babe Ruth made his debut with the Boston Red Sox, wages hit $5 per day, the first ste...

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Sports

Eagles eye another stellar season

Eagles eye another stellar season


Ellie Van Houtte/Town Crier
Los Altos High outside hitter Carmen Annevelink, right, goes for the kill Thursday against Palo Alto, as teammates Sarah Tritschler, left, and Lulu Kishton prepare to play defense. The Eagles won the match in straight ga...

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Comment

Torok, Walter, Dave for MVLA board: Editorial

There’s really nothing major you can criticize about the Mountain View Los Altos Union High School District. It offers a diverse array of effective programs for all types of students. Its instructors, with few exceptions, are outstanding.

Howe...

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Special Sections

'Funabout' Fiat

'Funabout' Fiat


Photos courtesy of Fiat
The 2014 Fiat 500e uses 29 kilowatt-hours per 100 miles, which the engineers claim is the equivalent of 116 mpg of gas use. It has a sticker price of $33,095.

If you believe in climate change, would love to see alternat...

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Business

App developer eyes First Friday as testing ground

App developer eyes First Friday as testing ground


Ted Fagenson

An East Bay app developer is testing his newest creation in downtown Los Altos.

Ted Fagenson, co-founder of Skrownge (pronounced “scrounge”), told the Town Crier that he’s beta testing his mobile gaming app this week ...

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Books

From story to bookstore: Local journey highlights Halloween

From story to bookstore: Local journey highlights Halloween


Courtesy of Dee Ellmann
Jenny Hurwick self-published her picture book last month after decades of storytelling.

During her years working as a teacher and a Los Altos mom, Jenny Hurwick loved to tell stories. One tale she crafted for her son just se...

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People

VINCENT (TIM) MURPHY JR.

VINCENT (TIM) MURPHY JR.

July 27, 1953 – August 12, 2014

Native Los Altan died Medford, OR. Graduated Bellarmine Prep. Married Josephine Domino, 1950. Licensed Auto Mechanic, Private Pilot, skilled Computer Scientist. Tim “could fix anything”. Afflicted with cancer 2001. ...

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Travel

Taking a Turkey trek: Winging it during the World Cup

Taking a Turkey trek: Winging it during the World Cup


Rich Robertson/Special to the Town Crier
The sun sets over the Aegean Sea in Bodrum, Turkey, left.

Tours that whisk you from Istanbul to Bodrum in 11 days are as plentiful as souvenir hawkers in Turkey, but traveling from the Blue Mosque to Topkapi ...

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Stepping Out

'Gypsy' on its way out

'Gypsy' on its way out


Chris Berger/Special to the Town Crier
Alison Koch of Los Altos plays Dainty June in “Gypsy.”

This is the final weekend to catch the Sunnyvale Community Players production of “Gypsy” at the Sunnyvale Theatre. The musical is slated to close Sund...

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Spiritual Life

Ugandan pastor visits U.S. to raise support for children's ministry

Ugandan pastor visits U.S. to raise support for children's ministry


Ellie Van Houtte/Town Crier
Herman Lukwago educates children in Uganda.

Imagine life if your father had 25 children and you were raised in poverty in rural Uganda.

Now imagine that you and your siblings were orphaned at an early age and you ass...

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Magazine

Local events add color to autumn calendar

Local events add color to autumn calendar


Van Houtte/town crier Visitors make their way through the Children’s Alley.

As Los Altos’ signature Chinese Pistache trees exchange their summer green for vibrant hues of yellow, orange and red in the fall, an abundance of local events also ad...

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Rising market tide lifts all boats

Investors have enjoyed an incredible market run, with the S&P 500 and the Dow Jones industrial average rocketing to new highs on a broad rally that resembles a rising tide that lifts all boats. As of Friday, bullish investors were happy, largely thanks to the Federal Reserve’s unexpected decision to continue its stimulus program.

The outlook isn’t totally rosy, though, as Republicans play hardball with threats of an imminent government shutdown. With decisions on the Affordable Care Act, the budget and the debt ceiling looming, the market is likely to react with uncertainty in coming weeks.

Given the record rallies, however, investors should maintain a nearly full posture, looking for stocks with established value.

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

• Oracle Corp. (ORCL; $34.09) reported first-quarter earnings of $2.19 billion, beating expectations and topping the previous year’s first-quarter earnings by 8 percent.

Revenues of $8.37 billion resulted in a profit of 47 cents per share. The results exceeded the expectations of numerous analysts, who had anticipated 44 cents per share.

The Redwood City-based company faces reduced global demand for information technology and must battle smaller companies that provide software online. Oracle’s software licenses and cloud subscriptions rose 5 percent, but its hardware sales fell 13 percent year-over-year.

Oracle’s days as a tech behemoth may be in the past, as cloud computing continues to take a large bite out of the old-style firms.

Oracle’s recent upgrade and downgrade history is favorable, with numerous analysts rating its stock an outperform or a buy. The median target price is $36, with a high of $43.

• Electronic Arts Inc. (EA; $26.44) last week appointed Andrew Wilson its new CEO. He has been with Electronic Arts since 2000 and served as executive vice president of EA Sports since 2011.

The move comes six months after former CEO John Riccitiello resigned after six years as CEO and COO. In his resignation letter, he cited “the shortcomings in our financial results this year.”

In a letter posted on the company’s website, Wilson said he envisions Electronic Arts as the “world’s greatest games company” but added that “we have plenty of work ahead to ensure our collective success.”

Wilson will receive an annual base salary of $800,000, with a target bonus of $1.2 million, or 150 percent of his salary.

Electronic Arts’ upgrade and downgrade history has taken a positive turn, with analysts’ lately deeming its stock a buy or accumulate. The mean target price is $28, with a high of $31.

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