Sun03012015

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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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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