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News

Effective today, library cards free again in Los Altos

Both Los Altos libraries should see a spike in use soon. After the elimination of an $80 annual card fee that had been in place since 2011, nonresidents will receive free library cards at local libraries, effective today.

Residents of Mountain View ...

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Schools

Almond fifth-graders set sail at Shoreline

Almond fifth-graders set sail at Shoreline


Courtesy of Corinne Finegan Machatzke
Fifth- graders at Almond School launched the boats they designed and built at Shoreline Lake last month.

Almond School fifth-graders boarded their handmade boats at Shoreline Lake in Mountain View last month to...

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Community

Taking it back to 'The Streets': Local filmmaker aims to revive 1970s series 'Streets of San Francisco'

Taking it back to 'The Streets': Local filmmaker aims to revive 1970s series 'Streets of San Francisco'


Courtesy of Charles Alley
Charles Alley’s filmmaking company may be based in Mountain View, but he knows all about “The Streets of San Francisco.” He’s rebooting the 1970s TV classic.

When people look for the next hit TV show, they often assume ...

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Sports

Enjoying the moment


Courtesy of Dick D’OlivA
Former Golden State Warriors trainer Dick D’Oliva, from left, wife Vi, former Warriors assistant coach Joe Roberts and wife Celia ride on a cable car in the victory parade.

Dick D’Oliva almost couldn’...

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Comment

The death knell of suburbia: A Piece of My Mind

The orchards are gone. The single-story ranch house is seen as a waste of valuable land and air space. An eight-lane freeway thunders past the bridle paths in Los Altos Hills. But nothing has signaled the death of suburbia more strongly than the ann...

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Special Sections

While competent & safe, MKC still can't catch European competitors

While competent & safe, MKC still can't catch European competitors


courtesy of Ford
The 2015 Lincoln MKC doesn’t overwhelm as far as overall performance goes, but it does offer comfortable ride quality.

Of all the auto companies with headquarters in the United States, only Ford managed to weather the great re...

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Business

Company installs EV charging stations at LAHS

Company installs EV charging stations at LAHS


Courtesy of Green Charge
Officials from Los Altos, Los Altos Hills and the Mountain View Los Altos Union High School District celebrate the installation of electric-vehicle charging stations at Los Altos High last week.

The Mountain View Los Alto...

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Books

People

HILDA CLAIRE FENTON

Hilda Claire Fenton, beloved wife and mom to 9, grandmother to 30 and great grandmother to 22, passed away June 20 following a long illness. She was 90.

Hilda was born Sept. 28, 1924, to Lois and Gus Farley then of Logan, W. Va. While she was still ...

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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

Cast carries 'Arcadia'

Cast carries 'Arcadia'


Courtesy of Pear Avenue Theatre
“Arcadia” stars Monica Ammerman and Robert Sean Campbell.

The intimate setting of Mountain View’s Pear Avenue Theatre proves the perfect place to stage “Arcadia,” allowing audience members to feel as though they a...

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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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