Fri01302015

News

Foothill to offer four-year degree: Foothill aims to launch dental hygiene degree in fall 2016

Foothill to offer four-year degree: Foothill aims to launch dental hygiene degree in fall 2016


Ellie Van Houtte/Town Crier
Students enrolled in Foothill College’s two-year dental hygiene program, above, can soon earn a four-year bachelor’s degree for approximately $10,000.

Foothill-De Anza Community College District Chancellor Linda M. Th...

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Schools

Freestyle hosts exhibition at Computer Science Museum

Freestyle hosts exhibition at Computer Science Museum


Traci Newell/Town Crier
Mountain View High junior and Freestyle Academy student Radika Gupta, right, works with a fellow student during a WebAudio course this month.

For three periods a day, a small subset of students from Los Altos and Mountain Vi...

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Community

Museum explores Stanford, Valley connection

Museum explores Stanford, Valley connection


Courtesy of Julie Rose
The Los Altos History Museum’s “Symbiotic Superstars” event drew a crowd including, from left, “The Lure & the Legends” creator Nan Geschke, Stanford President John L. Hennessy, historian Leslie Berlin and Adobe Systems c...

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Comment

Good compromise on PE exemptions: Editorial

While “Deflategate” captures the national sports headlines, the local issue of physical education class exemptions for freshmen seems a much worthier sports topic for discussion.

The Mountain View Los Altos Union High School District Board of Truste...

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Special Sections

Your Home Brief

Filoli hosts bird exhibition

Filoli kicks off the 2015 season of art exhibitions in its Visitor and Education Center with “The Birds of America: Audubon Collection,” a selection of prints from Filoli’s Permanent Collection, Feb. 10...

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Business

Wine & beer lounge coming to First Street

Wine & beer lounge coming to First Street


Ellie Van Houtte/Town Crier
The new wine and beer lounge Honcho heads to First Street, with a spring opening anticipated.

A cocktail lounge proposed for First Street has cleared its first hurdle – the Los Altos Planning and Transportation Comm...

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Books

"Fearless Genius" photos chart Silicon Valleys brain trust


Not every book needs pages and pages of words to tell a story – some do it through pictures.

“Fearless Genius: The Digital Revolution in Silicon Valley, 1985-2000” (Atria Books, 2014) by Doug Menuez features more than 100 photographs Menuez to...

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People

RUBY DOSHIM LAI

Ruby Doshim Lai was born on July 26, 1929 and passed away at home on January 10, 2015. A resident of Los Altos for over 50 years, Ruby is survived by her husband Bill; children Gwen, Tracy and Allyn; and grandchildren Kiyoshi and Misa.

Born on Mott ...

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Travel

Cuban photographer slated to appear at Foothill

Cuban photographer slated to appear at Foothill


Courtesy of Raúl Cañibano
Cuban photographer Raúl Cañibano is set to appear at Foothill College tonight. His work – including the image “Series: Guajira’s Land, Viñales, 2007,” right – is on display at the KCI Gallery t...

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Stepping Out

'Betrayal' at Pear

'Betrayal' at Pear


Ray Renati/Special to the Town Crier
The cast of Pear Avenue Theatre’s “Betrayal” includes Maryssa Wanlass, from left, Fred Pitts and William J. Brown III.

The Pear Avenue Theatre presents Harold Pinter’s investigation of modern relationships, “...

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Magazine

Tracing history on foot: Hidden Villa’s long hike

Tracing history on foot: Hidden Villa’s long hike


Campers on Hidden Villa’s Sierra Backpacking Trip study historical photos to measure how the land has changed and alternate serving as student leaders who guide the route of their three-week trek.

Amid the high-tech camps and programs of a Bay Area ...

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Friday climb just fine for consumers

After a week of down days, the market climbed back Friday on the news of an upbeat November jobs report and a five-month rise in consumer confidence.

The Dow Jones industrial average reached an all-time high Nov. 27, and the primary trend has been bullish. Very few losers could be found on the Dow Friday at noon, with few components not in the shiny-green territory. The Dow hit a recent high of 16,174.50.

It appears that the market is becoming comfortable with the Federal Reserve’s decision to taper its bond-buying, a scenario that parallels a stronger economy. The 203,000 increase in payroll employment means a better economy, and that could bring on the taper sooner when the Federal Reserve meets later this month.

Many investors are still comfortable maintaining 95-99 percent of their equity holdings in stocks because there are still attractive stocks available. When that is no longer true and investors can’t find stocks to diversify, then it is time to reduce the stock exposure and sell some of the recent winners.

Two Town Crier “50” stocks issued quarterly reports recently.

• Hewlett-Packard Co. (HPQ; $27.30) reported fourth-quarter earnings last week that topped expectations. Sales declined in five of its business units, but the stock rose 8 percent after the report. This is good news for a turnaround company in a tough environment.

HP retook the No. 1 position in the worldwide server market with revenue of $3.4 billion and a 27.6 percent market share, but IBM should regain the honor when December results roll in.

Under CEO Meg Whitman, HP is attempting to shift into cloud computing, kiosk printing and tablet computers instead of other ventures that include computers and printers.

HP’s turnaround is more of a reinvention than a continuous efficiency drive. Whitman’s goal was to cut as many as 34,000 employees, and to date she has laid off 24,000, resulting in $9 billion in free cash flow.

Analysts consider HP stock a neutral, with some believing that the company is underperforming. The median price target is $28, with a high target of $32. HP stock goes for seven times earnings and yields a 2.1 percent dividend.

• Applied Materials Inc. (AMAT; $16.90) posted impressive fourth-quarter earnings at 19 cents, beating numerous analysts’ estimates by a penny, or 5.6 percent. Revenues were also strong, topping forecasts by 16.2 percent. The company reported revenue of $1.99 billion, up 20.8 percent year over year. The gross margin totaled 40 percent.

Applied Materials reports its revenue by segments, with the Silicon Systems Group (SSG), Display, Applied General Services (AGS) and Energy and Environmental Solutions (EES) segments. The largest segment was SSG with 63 percent of revenue, which was down 2.3 percent. AGS was up 8.2 percent with a 27 percent revenue share, and the Display segment rose 1.2 percent with a 75.3 percent year-over-year increase in revenue. The EES segment accounted for 2 percent of total revenue but fell 2.2 percent.

Approximately 70 percent of Applied Materials’ quarterly revenue comes from the Asia/Pacific region.

The PC market remains the problem, and Applied Materials is not the only company affected – Intel Corp. and Microsoft Corp. have experienced segment decreases because of the decline of the desk computer.

Analysts recently upgraded Applied Materials stock to a buy or an outperform. The median target price is $20, with a high of $23. The dividend yield is 2.30 percent.

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

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