Tue07282015

News

Cal Water issues Boil Water Advisory for parts of Los Altos

Cal Water issued a Boil Water Advisory to customers in the Los Altos area Sunday (July 26). The drinking water alert warned customers that E. coli and total coliform were found in the local water supply. These bacteria can make a person sick and are ...

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Schools

Foothill STEM camps offer resources for low-income students

Foothill STEM camps offer resources for low-income students


Sana Khader/Town Crier
Students use software connected to a 3D printer, left, to create a miniature San Francisco, including the Ferry Building, below, at Foothill’s STEM Summer Camps.

Expanding efforts to spark and inspire students’ int...

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Community

Local resident cooks her way from cheerleader to Food Fighters

Local resident cooks her way from cheerleader to Food Fighters


Courtesy of the MacDonald family
Amber MacDonald competes on an episode of “Food Fighters,” scheduled to air 8 p.m. Thursday on NBC.

A newly arrived Los Altos family has an unusually public get-to-know-you moment this week – Amber MacDonald and ...

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Comment

Letters to the Editor

Ad-plane flyover marred festival

I hope that other residents who share my concern that the Geico plane flying low over the Los Altos Arts & Wine Festival and our homes for hours on end marred the “fun for everyone” that the Town Crie...

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Special Sections

Heart attack survivor cherishes life after near-death experience

Heart attack survivor cherishes life after near-death experience


Photos Courtesy of Tim Pierce
Los Altos Hills resident Tim Pierce, right with emergency medical responder Steve Crowley, suffered a heart attack in May.

After what Tim Pierce went through recently, no wonder he tries to cherish every moment as if he...

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Business

PAMF debuts cosmetic surgery center

PAMF debuts cosmetic surgery center


John Ho/Special to the Town Crier
The Palo Alto Medical Foundation Center for Cosmetic Surgery at 715 Altos Oaks Drive is the organization’s first center focused solely on cosmetic procedures.

Los Altos’ newest medical office – the...

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Books

Book Signings

• Fritz and Nomi Trapnell have scheduled a book-signing party 4-6 p.m. Aug. 1 at their home, 648 University Ave., Los Altos.

Fritz and his daughter, Dana Tibbitts, co-authored “Harnessing the Sky: Frederick ‘Trap’ Trapnell, ...

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People

CHARLOTTE BARBARA WINGUTH

CHARLOTTE BARBARA WINGUTH

Charlotte Barbara Winguth died July 9 at the young age of 89. She is survived by her 3 daughters Sandy, Karen & Wendi, 5 grandchildren and 2 great grandchildren. She came to Los Altos CA with her husband Ed and 3 children 53 years ago from New ...

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Travel

Gearing up: Make travel more civilized with accessories

Gearing up: Make travel more civilized with accessories


Eren Göknar/Special to the Town Crier
San Francisco-based humangear Inc. sells totes, tubes and tubs for traveling.

In travel, as in romance, it’s the little things that count.

Beyond the glossy brochures lie the travel discomforts too mun...

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Stepping Out

Engineer builds second career as actor

Engineer builds second career as actor


David Allen/Special to the Town Crier
Actors rehearse for Foothill Music Theatre’s “A Funny Thing Happened on the Way to the Forum.” The cast includes, from left, Tomas Theriot, Todd Wright, Mike Meadors and Ray D’Ambrosio. ...

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Spiritual Life

Christ Episcopal pastor departs Los Altos for new post in SF

Christ Episcopal pastor departs Los Altos for new post in SF


Courtesy of Sara BoaDwee
Christ Episcopal Church celebrated the ministry of the Rev. Dr. Malcolm Young and his wife, Heidi, at a farewell luau June 28.

Members and friends of Christ Episcopal Church bid farewell June 28 to the Rev. Dr. Malcolm C. Yo...

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Magazine

Inside Mountain View

Residents gather at NASA Ames for Pluto Flyby event

Residents gather at NASA Ames for Pluto Flyby event


Megan V. Winslow/Town Crier
NASA Ames’ Pluto Flyover event kindles the imaginations of young attendees.

Sue Moore watched the July 20, 1969, moon landing beside patients and staff members of the San Francisco hospital where she worked as a nurse...

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Is the stock market still your friend?

The Federal Reserve said interest-rate policies were still needed to invigorate the U.S. economy, so it will continue buying $85 billion in bonds every month to keep long-term rates low. The immediate result: The Dow Jones industrial average reached a new all-time high.

Although the past few days have been volatile, the trend still appears bullish. So what options do you have as an investor? You can continue what you’re doing in an uncertain market, you can sell your stocks and not worry about any crashes or shortfalls – there are legitimate reasons for concern in the weeks ahead – or you can continue to buy while the market achieves new highs and take your chances while the getting is good.

If you reached your financial goals, then getting out could be a good move, but analysts expect stocks to outperform bonds and cash over the next year.

The Stock Market Trends & Securities Report, Dow Theory Forecasts, noted that if an investor missed 40 of the market’s biggest days over 20 years (1987-2007), the return would have totaled 3.98 percent. Staying in the market fully invested, the average annualized return would have been 11.82 percent.

After October’s solid results, with the S&P 500 and the Dow reaching new highs, changing course would require difficult decision-making.

Two Town Crier “50” high-flying stocks made news last week.

• Facebook Inc. (FB; 48.66) stock gained 2.4 percent Thursday and continued to rise as the market declined. Why? Facebook reported quarterly earnings of 25 cents per share, beating an estimated 19 cents per share, while revenue increased 60 percent to $2.02 billion, compared with $1.26 billion a year earlier.

Not all is rosy with the Menlo Park-based company, however. It appears that the fever youth once had for Facebook is cooling off. Daily use by the teen demographic declined in the third quarter from the second quarter. Other age groups, though, more than made up for the decline.

The primary reason for the impressive growth is mobile sales. While Facebook was not in the mobile ad business when it went public in May 2012, ads now account for nearly half of the company’s $1.8 billion in advertising revenue. Mobile and business advertising rose because Internet users are increasingly using their smartphones and tablets.

Facebook will probably be around for a long time. Although it is losing some of its younger users, it has far more monthly users than Twitter and Linkedln combined.

The upgrade and downgrade history for Facebook stock has changed since the company went public in 2012. Since April 5, analysts have recommended a buy, with only a few holds. The high target price is $68, with a low of $24.90. Logical advice would be to buy on a dip.

• LinkedIn Corp. (LNKD; $224.14) is currently trading around its peak value and five times its 2011 initial public offering of $45. Investors are beginning to question whether the high valuation is correct and whether the price will continue to escalate.

LinkedIn is the largest professional networking site, with revenue for the fourth quarter approximately $414-$420 million, according to Bloomberg. Sales in the third quarter climbed 56 percent to $393 million. The company reported a net loss of $3.36 million, or 3 cents per share in the latest quarter.

As the Mountain View-based company builds its revenue from smartphones and tablet viewing, mobile activity already accounts for more than half of its sales from product-sponsored updates. LinkedIn has 4,241 full-time employees.

The Talent segment, in which LinkedIn charges a subscription fee for access to its database of recruiters, provides its main source of revenue. It has launched new products in Sponsored Updates and University Pages in the past two months. Faced with decelerating growth, LinkedIn seeks new users overseas to generate additional revenue.

The stock’s upgrade and downgrade history since February has been a buy. The 30 brokers following the company deem the high target price $300 and the low $195.

The company is a bit risky to buy right now, but on a pullback it could make investors happy, so buy on the dip.

Clyde Noel is a Los Altos Hills resident and longtime investor in stocks.

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