Sat04182015

News

Car breaks through glass door, closes Trader Joe’s for the day

Car breaks through glass door, closes Trader Joe’s for the day

Alicia Castro/Town Crier
Trader Joe's employees survey the damage after a car smashed through the glass doorway earlier today.

Trader Joe’s on Homestead Road is closed for the remainder of the day (April 17) after a car barreled through the glas...

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Schools

Pinewood student writes book about living with autism

Pinewood student writes book about living with autism


Traci Newell/Town Crier
Pinewood School senior Georgia Lyon wrote and illustrated “How to Be Human: Diary of an Autistic Girl” in 2013.

Although first published under a pseudonym, Pinewood School student Georgia Lyon is stepping out to ...

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Community

Sale offers opportunity to 'discover' jewels, fight cancer

Sale offers opportunity to 'discover' jewels, fight cancer

Volunteers and staff at the American Cancer Society's Discovery Shop in downtown Los Altos urge shoppers to "Be A Gem, Buy A Jewel" during the shop's special sale this Friday (April 17) and Saturday (April 18).

The sale is an opportunity to find Mot...

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Comment

Editorial: Let's assume not to presume

Two recent downtown Los Altos stories offer lessons in the drawbacks of jumping to conclusions.

A few months back, the Town Crier published an article on Ladera Autoworks on First Street closing its doors. That part was true, but the reason was not....

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Special Sections

Fitness focus: No holds barred for Los Altos sisters

Fitness focus: No holds barred for Los Altos sisters


Photos Courtesy of Barre 3
Gillian Brotherson, kneeling at left, guides studio instructors through a workout at barre3 Los Altos.

Health is all about balance. That’s what two Los Altos natives learned as they navigated work, motherhood and welln...

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Business

Steinway gallery brings pianos, musicians to downtown Los Altos

Steinway gallery brings pianos, musicians to downtown Los Altos


Alicia Castro/Town Crier
Chrissy Huang, manager of Steinway Piano Gallery in Los Altos, showcases Steinway & Sons’ signature instruments. The gallery plans to host concerts with performers tickling the ivories.

A new downtown Los Altos bus...

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Books

'Pope Joan' Book weaves tale around legend of female pontiff

'Pope Joan' Book weaves tale around legend of female pontiff


The idea that there may have a female pope at one time in history has generated much speculation throughout the centuries. “Pope Joan” (Crown, 1996) by Donna Woolfolk Cross, does not answer the question; rather, the author has created a detai...

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People

GREG STAHLER

GREG STAHLER

Greg Stahler died unexpecdly in his home in Belmont on March 26, 2015. (He was born in Mountain View on June 23, 1972). He will really be missed by three beautiful young children, Haley 7, Hannah 5, and Tyler 3, and his wife Kathryn. He will also b...

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Travel

Cuba libre: Local residents join mad rush of travelers

Cuba libre: Local residents join mad rush of travelers


Natalie Elefant/Special to the Town Crier
Los Altos resident Natalie Elefant noted the vibrant street performances as a traveler in Cuba.

The U.S. restored diplomatic relations with Cuba late last year, enabling Americans to import $100 worth of cig...

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Stepping Out

'Those Darn Squirrels' invading Mountain View

'Those Darn Squirrels' invading Mountain View


Courtesy of Lyn Flaim Healy/ Spotlight Moments Photography
Noelle Merino stars in Peninsula Youth Theatre’s “Those Darn Squirrels.”

The Peninsula Youth Theatre’s world premiere adaptation of “Those Darn Squirrels” is scheduled Friday and Saturda...

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Spiritual Life

Magazine

Food for thought: Hidden Villa programs offer teens training in sustainability on the farm

Food for thought: Hidden Villa programs offer teens training in sustainability on the farm


/Town Crier It’s not all cute and cuddly for teens participating in the eight-week Animal Husbandry Apprenticeship program at Hidden Villa in Los Altos Hills. Mia Mosing of Palo Alto, left, and Sophia Jackson of Los Altos clean the pigpens – one of...

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Inside Mountain View

Home for disabled youth yields greener pastures

Home for disabled youth yields greener pastures


Alicia Castro/Town Crier
Green Pastures staff member JP Mercada, below right, helps Tommy, who lives at the group home, sort through papers and organize his room.

Tucked in the corner of a quiet residential cul-de-sac in Mountain View, Green Pastur...

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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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