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News

Electrical shutdown scheduled today, tomorrow

PG&E is installing new electrical service to the 400 Main St. development project today, which will require the temporary interruption of electric services to several businesses located on First, Main and State streets in downtown Los Altos. PG&a...

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Schools

Community support pays dividends

Community support pays dividends


As a recent cover story in The New York Times Magazine revealed, getting low-income students into college is not enough to close the achievement/income gap. The percentage of low-income students entering college who actually earn a degree lags far ...

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Community

War veteran to visit D.C. memorial on Honor Flight

War veteran to visit D.C. memorial on Honor Flight


Ellie Van Houtte/Town Crier
Los Altos resident and World War II vet Earl Pampeyan is preparing for an Honor Flight trip to Washington, D.C., next month.

Los Altos resident Earl Pampeyan is scheduled to fly to Washington, D.C., next month to vis...

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Sports

Making a splash

Making a splash


Courtesy of Clarke Weatherspoon
Stanford Water Polo Club’s under-14 boys team earned the bronze medal at the Junior Olympics. Front row, from left: Corey Tanis, Larsen Weigle, Nathan Puentes, Walker Seymour, Alan Viollier and Jayden Kunwar. B...

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Comment

Whom can you trust?: Haugh About That?

Waving my pink poodle skirt with all the fervor of a matador preparing to tease a raging bull, I blinked my 20-year-old eyes and gave a come-hither look to indicate, “I’m ready!” Little did I know that the blind trust I had in this ...

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Special Sections

Getting right by eating right: PAMF doctor's book addresses South Asian health risks

Getting right by eating right: PAMF doctor's book addresses South Asian health risks


Ellie Van Houtte/Town Crier
Dr. Ronesh Sinha, a physician at Palo Alto Medical Foundation, promotes healthful living among the South Asian population. His new book, “The South Asian Health Solution,” includes nutritious recipes.

When you think o...

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Business

From Google to First Street: Massage therapist sets up studio in downtown Los Altos

From Google to First Street: Massage therapist sets up studio in downtown Los Altos


Ellie Van Houtte/Town Crier
Upuia Ahkiong is slated to open Kua Body Studios next month at 106 First St. Ahkiong is sharing space with Evolve Classical Pilates.

A massage therapist with ties to Google Inc. is slated to open a new – and shared...

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Books

"Jack London" chronicles author's adventurous life


Much has been written about American author Jack London, primarily known for his early-20th-century Western adventure novels, including the classics “White Fang” and “The Call of the Wild.”

In Earle Labor’s biography of the literary icon, “Jac...

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People

TIMOTHY WARREN WATSON (TIM)

TIMOTHY WARREN WATSON (TIM)

Born June 2, 1935, died peacefully on August 11, at home in Mountain View, surrounded by his family. He died of complications of Parkinson’s Disease after a courageous 15-year battle.

Tim was the beloved husband of 55 years to his college sweethea...

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Travel

Bergama bound: A visit to newest World Heritage site

Bergama bound: A visit to newest World Heritage site


Photo Eren GÖknar/ Special to the Town Crier
The amphitheater in Turkey’s ancient city of Pergamon, now known as Bergama, overlooks the Bakirçay River valley, left. The city’s ruins also include the Temple of Trajan.

It was 90 F during t...

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Stepping Out

TheatreWorks offers 'Spoonful' of drama beginning this week

TheatreWorks offers 'Spoonful' of drama beginning this week


Kevin Berne/Special to the Town Crier
Three strangers – “Chutes & Ladders” (Anthony J. Haney, left), Odessa (Zilah Mendoza, center) and “Orangutan” (Anna Ishida, right) – come together in an online support group in TheatreWorks’ regional premie...

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Spiritual Life

Spiritual Briefs

Meditation group meets at Foothills Congregational

A Weekly Meditation Practice group meets 7-8:15 a.m. Tuesdays at Foothills Congregational Church, 461 Orange Ave., Los Altos.

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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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Making predictions is losers

When the Federal Reserve trimmed its aggressive bond-buying program last month, it determined the way stocks should go in the near future.

When Fed officials suggested that the key interest rate would stay near rock bottom longer than promised, it proved a plus for the economy and the labor market.

Making stock market predictions is a game for losers because the market forges its own direction and change is the one constant for investors.

Many top Wall Street analysts see a sense of normalcy returning to the financial markets in 2014. As the Fed reduces its monthly bond buying, interest rates will edge higher. Fed officials said they would consider a plan to raise short-term rates once unemployment drops to 6.5 percent from the current 7 percent.

Inflation is expected to remain low, with a 1.7 percent increase forecast for the Consumer Price Index in 2014. The Fed’s inflation projection is 2 percent, which could change the investment climate.

As interest rates begin to climb, it becomes important to avoid utilities, financials and telecom stocks.

In 2014, investors concerned about a correction will bail out of stocks at the first sign of trouble, and the bears will start a downward price trend.

The bulls, meanwhile, are sitting on the fence and will respond to the market moves and put more money into stocks, driving prices higher.

The coming year will be the year for volatility, and astute investors should play the game without becoming frustrated with daily up-and-down prices.

A Town Crier “50” stock recently made headlines.

LSI Corp. (LSI; $10.99), the San Jose-based maker of storage chips used in data centers and flash drives, agreed to be sold to Avago Technologies Ltd. last month.

The Singapore-based Avago paid $6.6 billion in cash. Both boards have agreed to the transaction, scheduled to close in the the next few months. The purchase price amounted to $11.15 per LSI share.

LSI President and CEO Abhi Talwalkar said the deal provides “immediate value to our stockholders and offers new growth opportunities for our employees to develop a wider range of leading-edge solutions for customers.”

LSI, founded in 1981, has approximately 5,000 employees and annual sales in the $2.5 billion range.

The LSI acquisition is the second transaction of its kind in the industry. Earlier in 2013, Applied Materials Inc. purchased Tokyo Electron Ltd.

Analysts foresee more chipmakers in Silicon Valley consolidating their operations. Sergis Mushell of research firm Gartner Inc. said he thought that LSI had been looking for a buyer for some time.

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

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