Tue06302015

News

LAH council approves  Page Mill Road expansion

LAH council approves Page Mill Road expansion


Megan V. Winslow/Town Crier
The Los Altos Hills City Council endorsed a plan to widen the congested Page Mill Road to six lanes between the Interstate 280 interchange and Foothill Expressway.

Infamously congested Page Mill Road should be widened to ...

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Schools

Local muralist tells a story of young Los Altos at two schools

Local muralist tells a story of young Los Altos at two schools


Eliza Ridgeway/Town Crier
Los Altos muralist Morgan Bricca, above, created a work at Covington School commissioned by the Class of 2015.

Just as school ended this year, new color bloomed on two Los Altos campuses – public art projects commissi...

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Community

Los Altos girl out to 'squash' inequality: 10-year-old raises funds for female players with motto Equal pay for play

Los Altos girl out to 'squash' inequality: 10-year-old raises funds for female players with motto Equal pay for play


Courtesy of Lisa Bardin
Mika Bardin displays a certificate of participation she received at the 2015 U.S. Junior Squash Championships. Although Mika is not competing in the upcoming NetSuite Open Squash Championships, she is helping other female pl...

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Sports

Hurdling adversity

Hurdling adversity


courtesy of Nicole Goodwin
Ella Goodwin, hurdling, above, has come a long way since her early-childhood battle with leukemia.

While Nicole Goodwin is proud of daughter Ella’s athletic achievements, it’s not her skills on the soccer field...

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Comment

No confidence in civic center proposals: Editorial

Few Los Altos issues have become more convoluted than the development of the 18-acre Hillview civic center property. Most agree that the area, as currently configured, needs improvement. But nothing has happened in the nearly 10 years since serious d...

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Special Sections

Star-spangled manor: Orange Avenue home boasts Americana theme

Star-spangled manor: Orange Avenue home boasts Americana theme


Megan V. WInslow/Town Crier
Los Altos resident Pinky Whelan’s Orange Avenue home features a patriotic theme, evident in her living room decor, her historical collections and displays and her welcoming entrance.

Let’s hear it for the red...

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Business

Thai Silks shutters Los Altos store this month

Thai Silks shutters Los Altos store this month


Megan V. Winslow/Town Crier
After more than 50 years in business in downtown Los Altos, Thai Silks is closing up shop at 252 State St. by the end of the month. The store will continue to offer its inventory online and via phone.

A longtime downtown ...

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Books

People

ALAN FRAZIER KREMEN, MD, PHD

ALAN FRAZIER KREMEN, MD, PHD

Alan Frazier Kremen, MD, PhD, aged 68, loving father & surgeon, of Stockton peacefully passed away on June 13th, 2015.

Born in Minneapolis on December 17, 1946, he received a BA from Stanford University, 1968, a PhD in Philosophy from the Univ...

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Travel

Venetian spa offers ways to de-stress

Venetian spa offers ways to de-stress


Courtesy of The VEnetian
The HydroSpa in the Canyon Ranch SpaClub at The Venetian in Las Vegas offers a muscle-relaxing bath and radiant lounge chairs.

Vegas cab drivers usually ask if you won or lost as soon as you get in their vehicles. They assum...

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Stepping Out

'Town' closes down

'Town' closes down


Chris Peoples/Special to the Town Crier
Hope Cladwell (played by Krista Joy Serpa) and Bobby Strong (Lewis Rawlinson) get romantic during their duet in “Urinetown: The Musical.”

The Los Altos Stage Company production of “Urinetown: The Musical” ...

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Spiritual Life

Magazine

Living it up Older adults aim to age in place

Living it up Older adults aim to age in place


Megan V. Winslow/Town Crier
Local enthusiasts flock to the Los Altos Senior Center to play bocce ball. The center hosts informal games four days a week and occasional tournaments.

As baby boomers in Los Altos, Los Altos Hills and Mountain View nose...

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Inside Mountain View

Carrying the torch

Carrying the torch


Members of the Mountain View Police Department carry the Special Olympics torch as they run along El Camino Real between Sunnyvale and Palo Alto June 18. Members of the department participate in the relay annually to show their support for Spec...

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A new year means new ups and downs

Despite the one-day sell-off experienced on the first day of 2014 trading, the outlook appears to be relatively positive. The market trend is bullish, and investors can still find reasonably valued stocks to assemble a diversified portfolio.

Change is the one constant in the stock market, and investors should be watching how public sentiment looks for a correction. Preparing for a coming storm is difficult and unpredictable and tells investors that sell-offs are typically triggered by underappreciated or unexpected events.

Interest rates will rise after the Federal Reserve signaled that it plans to cut back on its bond-buying program. This will become a worry, as the impact on bond yields will affect utility and telecom stocks. Inflation is widely expected to remain tame, but it could also become troubling.

Given the market’s strong performance in recent months, a correction could occur at any time – and every correction has the potential to turn into a bear market.

While I anticipate a few ups and downs, I predict that by the end of 2014, the Dow Jones industrial average will be up slightly from today’s valuation.

Two Town Crier “50” companies recently made headlines.

• Cisco Systems Inc. (CSCO; $22.10) provides a complete line of routers and switching products that correct and manage communications among local and wide area computer networks employing a variety of protocols.

Those credentials still carry weight, but in the wake of Cisco’s disappointing target of an 8-10 percent decline in revenue for the January quarter, the network giant’s stock could stagnate in the near term.

Cisco blamed its gloomy outlook on weakness in emerging markets and a cautious spending forecast by corporate executives. The company’s plans to introduce complex new switching and routing platforms and invest in service and software businesses should help boost sales.

Cisco stock yields a 3.3 percent dividend, roughly four times the industry average. TheStreet Ratings team has issued a buy rating for Cisco, making the stock price’s recent decline an opportunity.

• Google Inc. (GOOG; $1,118.07) shares gained 51 percent in 2013, easily outpacing the 33 percent average return for the S&P 1500 technology stock groupings and leaving investors to wonder whether there is much more room to increase.

Within the industry, 39 brokers and analysts have provided a buy rating for Google stock, with only one a hold in the upgrade and downgrade history. The reason: Google holds a commanding 67 percent share of the U.S. search market. Microsoft stands in a distant second place with an 18 percent slice.

The upcoming Winter Olympics and World Cup Soccer tournaments should accelerate advertising growth.

The stock’s valuation is reasonable considering its projected growth. Google is expected to earn $49.64 per share in the 12 months ending September 2014, a growth of 17 percent.

Google is one of two companies on the S&P 500 index to increase annual cash from operations by double digits in each of the past 10 years, and Google should extend the streak in 2014. The company pays no dividends.

Google is embracing a moon-shot mentality for its next venture. In December, Google acquired Boston Dynamics, a company that builds robots, and in the past six months eight other robot companies.

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

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