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News

Mountain View braces for Super Bowl crowds

Mountain View braces for Super Bowl crowds


Graphic Courtesy of City of Mountain View
The purple parking lots above indicate where paid parking for the Super Bowl is allowed in downtown Mountain View. Other lots are open but still carry three-hour time constraints.

Downtown Mountain View wil...

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Schools

Los Altos High student hopes to bring animal therapy to school

Los Altos High student hopes to bring animal therapy to school


Courtesy of Christine Lenz
Los Altos High junior Riley Fujioka, left, works with Animal Assisted Happiness program manager Simone Haroush-van Dam.

Research affirms that the therapeutic effects of animals help reduce stress in humans, and one Los Alt...

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Community

Sports

Panthers outpace Priory

Panthers outpace Priory


Shirley Pefley/Special to the Town Crier
Pinewood’s Matt Peery lays up the ball in Friday’s win over Woodside Priory. Peery paced the Panthers with 19 points.

While height helps, the Pinewood School boys are proof that basketball is not ...

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Comment

From the City Manager's Desk: Fulfilling our mission

 

For those of us who work for Los Altos, the mission is “to foster and maintain the city of Los Altos as a great place to live and to raise a family.” The city’s employees take this mission seriously and – individually ...

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Special Sections

'Machos': Middle Eastern nachos ideal for Super Bowl

'Machos': Middle Eastern nachos ideal for Super Bowl


Photos Courtesy of Blanche Shaheen
Blanche Shaheen, above with her brother Issa, shares her Middle Eastern take on nachos – ideal for a Super Bowl party. Shaheen’s “Machos,” right, feature feta, tahini sauce, Persian cucumbe...

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Business

Businesses on Main Street make moves

Businesses on Main Street make moves


Alicia Castro/Town Crier
Several stores on Main Street in downtown Los Altos are in the midst of changing hands.

In the coming months, Main Street will welcome several new businesses to fill empty storefronts.

Jennifer Quinn, the city’s econo...

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People

ROSEMARY FRASER

Rosemary Fraser, age 81, a long-time resident of the Los Altos/Palo Alto area, died peacefully Friday, the 22nd of January at her home. It was a sudden death; hypertension was the underlying cause.

Born in 1934 in Florence, Arizona, Rosemary enjoyed...

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Stepping Out

West Bay Opera tackles Tchaikovsky's 'Onegin'

West Bay Opera tackles Tchaikovsky's 'Onegin'


Otak Jump/Special to the Town Crier
Olga Chernisheva and Silas Elash perform in West Bay Opera’s “Eugene Onegin.”

The West Bay Opera production of “Eugene Onegin” is scheduled Feb. 19-28 at Lucie Stern Theatre, 1305...

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Spiritual Life

How to cultivate childlike faith in a grown-up world

And Jesus said: “Truly I tell you, unless you change and become like little children, you will never enter the kingdom of heaven.”

– Matt. 18:3

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Inside Mountain View

New right-to-lease ordinance promises relief for renters

New right-to-lease ordinance promises relief for renters


Mountain View Tenants Coalition/Facebook
Residents gather in the fall to protest Mountain View’s rising rents. Rent relief is on the way in the form of a new ordinance.

A controversial Mountain View law requiring landlords to provide lease opt...

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Stock market off to rocky start in 2014

The stock market is off to a poor start in 2014, remaining in the red after the first six starts in the new year. A search for possible reasons turns up nebulous results, but changes taking place in the software industry should be discussed as a factor.

As Internet connection speeds improve and more software moves into the cloud, numerous changes are taking place. Consumers prefer the cheaper, faster-booting and virus-free Chromebooks over Windows PCs.

PC shipments fell 10 percent in 2013, which made for poor holiday sales and indicated how consumers and businesses are moving away from desktop computers and flocking to notebooks and mobile devices.

The demise of the PC market is evident in Microsoft’s plan to end support for its 13-year-old Windows XP operating system in April. Also contributing to the decline are the Microsoft Windows operating system users who are switching to PCs powered by Google’s Chrome operating system. Google doesn’t charge a licensing fee to use its operating system.

Marking further changes to the PC market, Toshiba Corp. joined the growing list of Chromebook vendors when it unveiled its Chromebook system at the Consumer Electronics Show in Las Vegas last week. Toshiba’s Chromebook will compete with models from all major PC manufacturers.

Following is an update on two Town Crier “50” stocks impacted by changes in the software industry.

• Microsoft Corp. (MSFT; $35.26) is still looking for a new CEO. When Ford Motor Co. CEO Alan Mulally asked that his name be removed from consideration for Microsoft’s CEO position last week, the stock price dropped 2 percent.

Whoever is hired will be a breath of fresh air after 13 years of Steve Ballmer’s tenure – the stock has dropped 38 percent since he took over.

Microsoft’s strongest growth driver is its commercial cloud service. Cloud services revenue grew $261 million, or 103 percent, during the first quarter of the current fiscal year compared to last year’s first quarter. Microsoft already has two cloud businesses – Azure and Office 365 – that are growing rapidly and account for more than 1 billion in annual revenues.

Microsoft’s strong financial position allows it to support quarterly dividend payments, repurchase its own shares and buy other companies. The company just acquired Parature, a developer of a cloud-based customer support platform.

Last month Microsoft announced a $7.5 billion transaction to acquire Nokia Corp.’s mobile device business, enabling Microsoft to compete with Apple and Google in the smartphone market. Dividend income is an important factor in my investment decisions, and Microsoft pays a nice dividend and has enough money to buy its way into a position to challenge Google and Apple.

• Cisco Systems Inc. (CSCO; $22.32) is another company that has taken a beating lately but still has long-term appeal. The share price tumbled more than 15 percent in the month following the release of its November earnings report, when the company revealed that sales in the following quarter would fall as much as 10 percent.

Cisco’s core business – providing a means of connecting devices to one another with security – will continue to grow. However, the company claimed its gloomy outlook via weakness in emerging markets.

The stock yields a dividend of 3.3 percent, roughly four times the industry average. Dividend stocks can make you rich even when they don’t become high-flying growth stocks.

Clyde Noel is a Los Altos Hills resident and investor in stocks. He has a small exposure in Microsoft and Cisco stock.

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