Fri08012014

News

"Brown is the new green," says local water district


Lina Broydo/Special to the Town Crier
Are downtown Los Altos flower pots getting too much water? The Santa Clara Valley Water District plans to hire “water cops” to discourage overwatering.

The Santa Clara Valley Water District is spending nearl...

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Schools

Foothill camps prepare local students for STEM careers

Foothill camps prepare local students for STEM careers


Photos Ellie Van Houtte/Town Crier
Middle school students make robotic hands using 3-D printers during a STEM Summer Camp at Foothill College.

From designing roller coasters to developing biodegradable plastics, high school students received an i...

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Community

Local entrepreneur opens home to Afghan and Rwandan women

Local entrepreneur opens home to Afghan and Rwandan women


Ellie Van Houtte/Town Crier
Businesswomen Joan Mazimhaka of Rwanda, third from left, and Fakhria Ibrahimi of Afghanistan, in orange, traveled to the U.S. with a 26-woman delegation through the Peace Through Business program.

Employees scoop ice ...

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Comment

Moving on: The Rockey Road

Just over a month ago, we decided to put our house on the market. My husband and I had been tossing around the idea of moving back to the area where we grew up, which is only approximately 40 minutes from here. Of course, Los Altos is a great place t...

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Business

Halo heads to Los Altos: Blow-dry bar founder opens new First Street location Monday

Halo heads to Los Altos: Blow-dry bar founder opens new First Street location Monday


ElLie Van Houtte/ Town Crier
Armed with blow dryers, Halo founder Rosemary Camposano, left, and store manager Nikki Thomas prepare for the blow-dry bar’s grand opening on First Street Monday.

A blow-dry bar is set to open downtown Monday, and i...

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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

DR. ALFRED HUGHES

Long time Los Altos resident, Dr. Alfred Hughes, died May 1st after a long illness. Dr. Hughes was born in 1927 in Maspeth, NY. He served in the US Army from 1945-6, attended Brooklyn Polytechnic University, then graduated from Reed College in Portla...

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Travel

Travel Tidbit: Ritz-Carlton, Lake Tahoe offers spa getaway

Travel Tidbit: Ritz-Carlton, Lake Tahoe offers spa getaway


Courtesy of Ritz-Carlton
The Ritz-Carlton in Lake Tahoe offers fall getaway packages that include spa treatments and yoga classes.

Fall in North Lake Tahoe boasts crisp mornings and opportunities to spend quality time in the mountains. Specially ...

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Stepping Out

'Wizard' winds down at Bus Barn

'Wizard' winds down at Bus Barn


Town Crier file photo
Local actors rehearse a scene from “The Wizard of Oz.”

Los Altos Youth Theatre and Los Altos Stage Company’s collaborative production of “The Wizard of Oz” is slated to close Sunday at Bus Barn Theater, 97 Hillview Ave.

T...

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Spiritual Life

Stanford University appoints new dean for religious life

Stanford University appoints new dean for religious life


Shaw

Stanford University named the Very Rev. Dr. Jane Shaw, dean of Grace Cathedral in San Francisco, its new dean for religious life.

Provost John Etchemendy announced Shaw’s appointment July 21, adding that she also will join the faculty in...

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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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The political-economy blues continue

Although the sniping between Democrats and Republicans raged last week, it didn’t seem to hurt the market – the Dow Jones industrial average topped 15,000 again. Investors understand the dire impact of the impasse, but many believe the odds of the first U.S. debt default are still slim.

News that President Barack Obama appointed Janet Yellen to succeed Federal Reserve Chairman Ben Bernanke apparently softened the impact of the turmoil on Wall Street, as she is expected to continue Bernanke’s easy-money policies.

This week, political antics in the nation’s capital will not determine the course of the market – corporate earnings will. Thirty-one companies on the S&P 500 index are scheduled to declare their third-quarter earnings early in the week, so look for volatility in market prices. Stocks tend to be most volatile around earnings season, when a good or bad report can make or break a stock.

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

• NetApp Inc. (NTAP; $41.81) remains optimistic that it will put in a strong performance in 2014, largely because of its multipronged cloud strategy.

The Sunnyvale-based firm engages in design, manufacture and marketing of networked storage solutions.

NetApp continues to forge a deeper relationship with Oracle Corp. to help organizations move their business-critical applications to private and public clouds, allowing them to “take full advantage of the agility, scalability and efficiency that the cloud enables,” according to a NetApp press release.

In a recent move, Cisco Systems Inc. acquired NetApp rival WHIPTAIL, which could eliminate a Cisco move to purchase NetApp. The move has led several analysts to downgrade NetApp’s stock to neutral or underperform, as it now faces competitive challenges in coming months. The mean target price is $45, with a high of $53.

• Marvell Technology Group Ltd. (MRVL; $11.43) designs, develops and markets analog, mixed-signal processing for mobile and wireless products and provides a range of integrated data storage products, including hard-disk-drive products.

While the chipmaker has made some questionable decisions, including pursuing markets in areas like Chinese mobile and wireless, now is not the time for investors to abandon the stock, according to an analyst at TheStreet.com.

The bad news: Marvell has been mired in litigation since 2009, when Carnegie Mellon University charged that Marvell had intentionally infringed on its patents for hard-disk drives. Marvell lost the case and was ordered to pay $1.17 billion in damages. Marvell appealed the verdict and requested a new trial, which a judge last month denied. There is uncertainty here, and Wall Street hates uncertainty.

The good news: Google Inc. recently introduced Google Chromecast, which plugs into a TV and allows streaming content via Wi-Fi. Chromecast is powered by a Marvell component.

The most recent upgrade and downgrade history deems Marvell stock a hold or outperform, with several analysts recommending neutral. The mean target price is $13.31, with a high of $17.

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