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News

LAH measure could boost sewer rates significantly

The Los Altos Hills City Council’s approval of a series of sewer service rate increases means residents could soon see a hefty jump in their tax bills.

There are 1,749 single-family residential units within Los Altos Hills and each currently p...

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Schools

MVLA foundation recounts first year of Learning in the Cloud

MVLA foundation recounts first year of Learning in the Cloud


Traci Newell/Town Crier
Robert Barker, Los Altos High World Literature teacher, demonstrates how students use online discussion in class.

Technology is no longer seen as a distraction in the classroom, as students in the Mountain View Los Altos ...

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Community

Faria and friends unite to raise funds for cancer research

Faria and friends unite to raise funds for cancer research


Courtesy of Joseph Faria
Supporters of last month’s Relay For Life event in Mountain View include, from left, Los Altos residents Matthew Aufricht, Connor Chu, Matthew Demele and Dominic, Eileen and Joseph Faria. The Los Altos Relay For Life is sla...

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Sports

Right  on track

Right on track


Megan V. Winslow/Town Crier
Mountain View High sophomore Rachael Estell leaps for the win in the girls long jump Friday at the CCS championships.

As far as locals go, the underclassmen overshadowed the seniors at the Central Coast Section track and ...

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Comment

Coffee with cops? We'll drink to that: Editorial

The recent “Coffee with a Cop” event proved a good public relations move for the Los Altos Police Department. It also provided a great opportunity for residents to ask questions and converse with several officers, including the police chief, in an in...

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Special Sections

Deciphering the irksome sounds cars often make

Ahh – the troublesome, telltale auto noise. It’s that squeak, screech, squeal, groan, grind, hum, hiss, rattle, knock, clicking or ticking that drives drivers crazy.

Even with all the technology in modern cars, the sounds our cars make t...

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Business

Local couple launches downtown restaurant

Local couple launches downtown restaurant


Alicia Castro/Town Crier
The Turn Bar & Grill crew prepares for the restaurant’s impending opening.

Jim and Julie Otis are prepared to realize their longtime dream.

The couple – lifelong Los Altos residents – wanted to ensure ...

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Books

Horan's 'Loving Frank' offers fictionalized account of famed architect's illicit affair

Horan's 'Loving Frank' offers fictionalized account of famed architect's illicit affair


In the 1920s, two married people fall in love, leave their spouses and children and set about living and traveling together. Affairs of this sort were considered shocking at the time. But the scandal was heightened given that the man was Frank Lloy...

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People

DR. WALLACE IRA SAMPSON

DR. WALLACE IRA SAMPSON

     

Dr. Wallace Ira Sampson, 85, passed away peacefully on Monday, May 25, at Santa Clara Valley Medical Center. He leaves his wife of 59 years, Rita (nee Landry) Sampson, brother Sandy, sons Robert, Paul (Suzanne), Buck (Kathryn), ...

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Travel

Flying south for the winter: Antarctica trips are not just for the birds

Flying south for the winter: Antarctica trips are not just for the birds


Photos Courtesy of Dave Hadden
Los Altos residents Dave and Joan Hadden watched the scenery from the large boat and a smaller Zodiac.

Standing on the beach with hundreds of thousands of penguins is “the experience of a lifetime,” according to Ga...

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Stepping Out

Kushner's 'Angels' arrives at Foothill

Kushner's 'Angels' arrives at Foothill


David Allen/Special to the Town Crier
Harper Pitt (Sophia Naylor) describes her life to Joe Pitt (Dan Martin) in “Angels in America,” playing in the Lohman Theatre at Foothill College through June 14.

The Foothill Theatre Arts Department’s produ...

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Spiritual Life

Magazine

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon


tanya kucak/Special to the Town Crier
Shrub manzanitas are known for their sinuous mahogany trunks and branches. If the foliage hides the bark, prune selectively to open the center so that the bark is visible year-round. This Montara manzanita is ...

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Inside Mountain View

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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