Tue09012015

News

Enchanté plaza remains open to the public

Enchanté plaza remains open to the public

Alicia Castro/Town Crier
The plaza area at Enchanté Boutique Hotel now serves drinks and small plates.

The Los Altos City Council Aug. 25 voted unanimously in favor of Enchanté Boutique Hotel serving beverages and small plates to the public on t...

Read more:

Loading...

Schools

Mountain View High launches Bring Your Own Device program

Mountain View High launches Bring Your Own Device program


Megan V. Winslow/Town Crier
Mountain View High School staff distribute Chromebooks to students last week. The school is rolling out the Bring Your Own Device program this year, which gives students and teachers around-the-clock access to laptops.

Mo...

Read more:

Loading...

Community

'Rock Back the Clock': End of an era, beginning of new one

'Rock Back the Clock': End of an era, beginning of new one


Town Crier File Photo
Time has run out for “Rock Back the Clock,” the 1950s-themed dance party at Rancho Shopping Center.

After 25 successful years, the “Rock Back the Clock” Committee has decided to end the annual 1950s-themed event held at R...

Read more:

Loading...

Sports

Dean of the badminton court

Dean of the badminton court


Courtesy of the Tan family
Los Altos resident Dean Tan and mixed- doubles partner Jenny Gai stand on the podium shortly after winning the gold at the 2015 Pan Am Junior Badminton Championships earlier this month in Tijuana, Mexico.

Dean Tan began pl...

Read more:

Loading...

Comment

Warning: Useless flood basin ahead

Our water and fire agencies receive much attention (and scrutiny) during the hot, dry days of summer – water for the lack of it and fire for its widespread destruction. During this extreme drought year, we are deluged with water conservation ma...

Read more:

Loading...

Special Sections

A tale of two Los Altos love stories: Country club classic


Photos Courtesy of Kelly Boitano Photography
Lindsey Murray and Christof Wessbecher tie the knot in Los Altos.

Lindsey Murray and Christof Wessbecher grew up in parallel Los Altos orbits, never meeting – he went to St. Francis High School, sh...

Read more:

Loading...

Business

Five thoughts on the current market correction

The 531-point drop in the Dow Jones industrial average Friday (Aug. 21) was certainly headline grabbing in its magnitude. It represented a one-day 3.1 percent drop in the index and resulted in a 10 percent correction from its high in May.

It’s compl...

Read more:

Loading...

People

BRUCE CHARLES MEYER

BRUCE CHARLES MEYER

Bruce Charles Meyer, 81, died Wednesday, August 5th at his home in Carmel, California. He leaves his wife Valda Cotsworth and her daughter Katie Roos; his sons, Bruce and Joseph Meyer from his first marriage and his brother Gordon Meyer; four grand...

Read more:

Loading...

Travel

Carmel Valley Ranch unveils upgrades

Carmel Valley Ranch unveils upgrades


Courtesy of Carmel Valley Ranch
Carmel Valley Ranch recently upgraded its Vineyard Oak suites, which feature sweeping views, rocking chairs and private outdoor tubs for soaking under the stars.

Things are heating up at Carmel Valley Ranch, with 30 n...

Read more:

Loading...

Stepping Out

Open 'House'

Open 'House'


Kevin Berne/Special to the Town Crier
Anna Patterson (played by Kimberly King) accepts a drink from Michael Astor (Jason Kuykendall) in “The Country House.”

TheaterWorks Silicon Valley’s regional premiere of “The Country House” is scheduled to r...

Read more:

Loading...

Spiritual Life

Los Altos native combines Judaism, social justice, advocacy

Los Altos native combines Judaism, social justice, advocacy


Los Altos native Gabriel Lehrman’s passion for Judaism, social justice and advocacy brought him to Washington, D.C., this summer for the Machon Kaplan Summer Social Action Internship program at the Religious Action Center of Reform Judaism.

...

Read more:

Loading...

Inside Mountain View

MV actress/playwright Garvin wins NY festival award for

MV actress/playwright Garvin wins NY festival award for "Corners Grove"


Courtesy of Undiscovered Countries
Kaela Mei-Shing Garvin received a New York arts festival award for a featured role in “Corners Grove,” a play she wrote.

New York recognized that one of Mountain View’s own can “make it there” when the Planet C...

Read more:

Loading...

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.

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