Sat02282015

News

North Bayshore proposals due today

The City of Mountain View is receiving North Bayshore development proposals today. Applications may be made until the deadline at 5 p.m.

All submissions will be available for viewing March 2 at the Community Development Department counter in City Ha...

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Schools

Former NFL player huddles with Blach students about life choices

Former NFL player huddles with Blach students about life choices


Ellie Van HOutte/Town Crier
Former NFL tight end Eason Ramson visited with Blach Intermediate School students, Feb. 13 to share the perils of drug use. Now a motivational speaker, Ramson works with at-risk teens in San Francisco.

Although former ...

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Community

Chi Am Circle, Chef Chu's prove 'golden': Club sets fundraising goal of $200K for March fashion show

Chi Am Circle, Chef Chu's prove 'golden': Club sets fundraising goal of $200K for March fashion show


Courtesy of Bev Harada
Chi Am Circle members, from left, Gerrye Wong, Sylvia Eng, Pearl Lee and Muriel Kao flank Larry Chu Sr. at the Jan. 31 event honoring the club’s 50th and Chef Chu’s 45th anniversaries.

Chef Chu’s restaurant in Los Altos ho...

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Comment

Freedom's just another word: No Shoes, Please

It used to be that the word “freedom” held exclusively positive connotations for me, but now it’s really become a mixed bag. It all started in 2001 when President George W. Bush asked the question he felt was on the minds of most Americans regarding ...

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Special Sections

Filoli in bloom: Historic estate hosts  classes, events and tours

Filoli in bloom: Historic estate hosts classes, events and tours


Ellie Van Houtte/Town Crier
Scenes from Filoli: The historic estate in Woodside is a welcoming sanctuary for visitors. The grounds offer a rotating display of seasonal flowers, a tranquil reflecting pool and paths that wend through the 16-acre Engl...

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Business

Stock volatility still confusing

The market opened down more than 100 points Friday but by noon rose more than 130, the form of volatility that quickly draws investors’ attention. By week’s end, the Standard & Poor’s 500 index and the Dow Jones industrial aver...

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Books

French novel

French novel "Hunting and Gathering" offers character-driven suspense


Anna Gavalda is a well-known author in her native France, where she has published six books, most of which have met with considerable praise and commercial success. Her fourth novel, “Hunting and Gathering” (Riverhead Books, 2007), is filled ...

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People

CHRIS A. KENISON

CHRIS A. KENISON

Feb 13, 1945-Feb 6, 2015

Resident of Los Altos

Chris was born in Georgia and moved to Oklahoma as a young child. He grew up there and moved to California in 1965. He developed a strong work ethic from his grandparents and parents. He attended the...

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Travel

Seoul of the city: Korean capital offers mix of old and new

Seoul of the city: Korean capital offers mix of old and new


Ramya Krishna/Special to the Town Crier
Seoul’s Cheonggyecheon public recreation space, above, features an elevated pedestrian bridge.

Seoul, South Korea, is a study in contrasts. Having grown quickly, the city is a mix of old and new.

Using...

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Stepping Out

'Park' in the hills

'Park' in the hills


courtesy of Foothill Music Theatre
Dot (Katie Nix) imagines her dream job as a follies dancer in the Foothill Music Theatre production of “Sunday in the Park with George.” The play runs through March 8.

Foothill Music Theatre’s production of “Su...

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Spiritual Life

Is your thought life sabotaging your spiritual journey?

My computer started having problems – there seemed to be some sort of malware running in the background. At first it was just annoying, then it began to slow down my computer, interfering with its basic operations. What is it doing? Why can...

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Magazine

Local events serve up family fun

Local events serve up family fun


Courtesy of Peninsula Youth Theatre
Peninsula Youth Theatre’s production of “Pecos Bill: A Tall Tale” is slated to open March 20 in Mountain View.

For families seeking a break from the daily routine, events abound this month and next in Los Alto...

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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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