Sun03292015

News

Safeway escalator elicits safety concerns from customers

Safeway escalator elicits safety concerns from customers


MEGAN V. WINSLOW/Town Crier
The escalator at the Safeway on First Street poses a safety hazard, some customers allege.

A Safeway shopper who accidentally placed his cart last month on the customer escalator instead of the shopping cart track next to...

Read more:

Loading...

Schools

Los Altos High hosts 30th Writers Week

Los Altos High hosts 30th Writers Week


Above Photo by Traci Newell/Town Crier;
Author Jack Andraka shares his story with fellow high school seniors during Los Altos High School’s Writers Week last week.

Los Altos High School students learned firsthand last week how professionals ...

Read more:

Loading...

Community

Service dogs bring smiles, comfort to veterans at Foothill College center

Service dogs bring smiles, comfort to veterans at Foothill College center


Photos by Megan V. Winslow/Town Crier
Charles Viajar, student and U.S. Navy veteran, brings his four-legged companion Bruno to the Veterans Resource Center at Foothill College. Bruno, a 2-year-old Imperial Shih Tzu, is trained to assist Viajar with...

Read more:

Loading...

Sports

Improbable run to NorCal semis saves season for St. Francis girls

Improbable run to NorCal semis saves season for St. Francis girls


Megan V. Winslow/Town Crier
St. Francis High’s Daisha Abdelkader goes on a fast break in the CCS Division II final. The senior point guard scored eight points in the Lancers’ NorCal semifinal loss to Dublin last week.

Senior Daisha Abdel...

Read more:

Loading...

Comment

We'll buy it; what is it? Editorial

Would you buy a device on the condition that you are kept in the dark about how it works? Would you feel good about purchasing such a device when the contract even calls for nondisclosure of the nondisclosure form that keeps the device top secret?

T...

Read more:

Loading...

Special Sections

Tuscany meets Waikiki: Los Altos Hills couple build their dream house

Tuscany meets Waikiki: Los Altos Hills couple build their dream house


Megan V. Winslow/Town Crier
Sara Weber and Victor Martina’s Los Altos Hills home features brick from a 100-year-old building in San Jose artistically combined with stucco to evoke a centuries-old feel. The lanai in the backyard adds a touch o...

Read more:

Loading...

Business

Vintage Bath changes hands as new owners add twist to classic offerings

Vintage Bath changes hands as new owners add twist to classic offerings


Alicia Castro/Town Crier
Vintage Bath, the downtown Los Altos showroom, is under new leadership. Taking over are, from left, co-owners Jerry Rudick and Deena Castello and marketing and visual director Alissa McDonald.

Deena Castello – the new cu...

Read more:

Loading...

Books

'Pope Joan' Book weaves tale around legend of female pontiff

'Pope Joan' Book weaves tale around legend of female pontiff


The idea that there may have a female pope at one time in history has generated much speculation throughout the centuries. “Pope Joan” (Crown, 1996) by Donna Woolfolk Cross, does not answer the question; rather, the author has created a detai...

Read more:

Loading...

People

BEVERLEY JEANE (DORSEY) MCCHESNEY

BEVERLEY JEANE (DORSEY) MCCHESNEY

1944-2014

Beverley McChesney passed away at El Camino Hospital in Mountain View, CA on Sunday, Nov. 16. She had been fighting cancer for about 23 years until it went into her lungs.

She is survived by her husband David, of Cloverdale; her sisters...

Read more:

Loading...

Travel

Eat, hike, soak: Cavallo Point Lodge offers Marin experience

Eat, hike, soak: Cavallo Point Lodge offers Marin experience


Eren Göknar/ Town Crier
Cavallo Point Lodge comprises former U.S. Army buildings, like the Mission Blue Chapel, repurposed for guests seeking a luxurious getaway.

It used to be a place where batteries of soldiers lived, with officers’ quarter...

Read more:

Loading...

Stepping Out

Cal Pops performs Sunday at Foothill

Cal Pops performs Sunday at Foothill


Courtesy of Cal Pops
The Cal Pops trumpet section includes Dean Boysen, from left, Bob Runnels and Noel Weidkamp.

The California Pops Orchestra is scheduled to perform “Swing Time!” – a musical tour of Big Band hits from the 1930...

Read more:

Loading...

Spiritual Life

Silicon Valley Prayer breakfast speakers send strong messages about God's calling

Silicon Valley Prayer breakfast speakers send strong messages about God's calling



Kirk Perry, Google Inc. president of brand solutions, discusses his faith at the March 13 Silicon Valley Prayer Breakfast. Alicia Castro/Town Crier

When God calls, you have to listen to reap the benefits.

That was the moral of the story for t...

Read more:

Loading...

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...

Read more:

Loading...

The market trend is still bullish

Looking at your increased portfolio, the present trend is still in the bullish camp. Investors anticipate a jolly good time in December.

With another month to go in 2013, you hear many conflicting opinions on the prospects for 2014. Knowing what to believe can be difficult, but if November was an omen for next year, we should all feel happy. November was a great month for stocks. The Dow is above 16,000, the S&P 500 is trading above 1,800 and last week the Nasdaq closed above 4,000 for the first time in 13 years.

Year-to-date the indexes have increased between 20 and 35 percent for a record-breaking year, thanks to the Federal Reserve’s bond purchases, a recovering economy and solid corporate earnings.

Stocks are not in a bubble position. At less than 19 times current-year earnings, the median S&P 500 stock trades at a 13 percent premium to 10-year norms. Valuations have reached much higher levels at previous market peaks.

Also, the stock market has not run out of potential catalysts. Bears argue that the good news has already played out because of the proposed Federal Reserve cutback, but takeover activity has yet to heat up given cheap financing and strong corporate balance sheets. A surge in takeovers would not be surprising, so look for more companies to increase their dividends and buy back their shares in 2014.

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

• Intel Corp. (INTC; $23.74) last week reported that the company would begin to concentrate on chips for smartphones and tablets immediately, as consumers are using fewer personal computers.

Investors are befuddled by Intel’s guidance for the next year, when revenue will be down in the mid-single digits, at an estimated 1.4 percent in 2014.

According to new CEO Brian Krzanich, computing in the next few years will focus more on items for eyes and ears, as well as wristbands and watches. The company will pursue two important strategic shifts: expand its foundry business to a much broader range of customers and aggressively target tablets, where the unit volume is expected to quadruple in 2014.

Intel should not be viewed as a safe or undervalued tech play, but Krzanich said that under his leadership, Intel would give priority to its Atom microprocessor. Intel does not wish to fall behind in future technology trends that include wearable computing devices.

Analysts do not cite Intel as an investment for the average investor as long as the PC market continues to decrease. Most analysts recently have upgraded the stock to a neutral or buy, with a median target price of $24 and a high of $32. Intel’s dividend yields 3.8 percent.

• Microsoft Corp. (MSFT; $38.47) launched Xbox One last week to record sales of more than a million in the first 24 hours. It was the most successful premiere in Xbox history.

Microsoft plans to reach beyond the gamers with this console, as it intends to deliver innovative entertainment experiences by bringing movies, music, sports and live TV together in one box.

In another direction, Nokia shareholders approved a $7.2 billion deal to allow Microsoft to buy its ailing cellphone and services division plus the portfolio patents obtained by the Finnish tech giant.

Much has been made of outgoing CEO Steve Ballmer’s tenure with Microsoft, during which the share price fell from the high 50s in January 2000 to the 30s, where it remained stagnant. The stock recently started to rise again following the announcement of Ballmer’s departure.

The failure of Microsoft to grasp opportunities in big-growth areas led to the static share price. However, Microsoft remains highly profitable and last month beat Wall Street’s quarterly profit and revenue forecasts.

Analysts’ recent upgrade and downgrade history has downgraded Microsoft stock from a buy to a hold. The median target price is $36, with a high of $45. The dividend yield for Microsoft is 3 percent.

Clyde Noel is a Los Altos Hills resident and investor in stocks. He is a longtime holder of Intel and Microsoft stocks and intends to make no move at this time.

Schools »

Schools
Read More

Sports »

sports
Read More

People »

people
Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

photoshelter
Browse and buy photos