Wed04012015

News

Council eyes bond for Hillview center

Council eyes bond for Hillview center


The Los Altos City Council accepted an $87.5 million cost model for its preferred layout for replacing Hillview Community Center. 

Residents could cast their votes as soon as November on a bond measure to partially fund the redevelopment of...

Read more:

Loading...

Schools

Oak students showcase creativity in Destination Imagination competitions

Oak students showcase creativity in Destination Imagination competitions


Courtesy of Jane Lee Choe
The Sharp Cheddars, a team of Oak Avenue School sixth-graders, perform at the Destination Imagination state competition Saturday in Riverside.

A team of seven Oak Avenue School sixth-graders traveled to Riverside last week...

Read more:

Loading...

Community

Heising-Simons Foundation relocates to 400 Main St. property in Los Altos

Heising-Simons Foundation relocates to 400 Main St. property in Los Altos


Bruce Barton/Town Crier
All in the family: Mark Heising, from left, Caitlin Heising and Elizabeth Simons make up the board of the eight-year-old Heising-Simons Foundation, now in its new headquarters at 400 Main St. in downtown Los Altos.

The He...

Read more:

Loading...

Comment

What would Bob do?: Editorial

The recent passing of an extraordinary Los Altos resident, Bob Grimm, has generated a range of heartfelt reaction, from sympathy to fond memories, from all corners. That’s because Bob did not discriminate in his desire to help others with his money, ...

Read more:

Loading...

Special Sections

Cars that are right on track

Cars that are right on track


Courtesy of BMW
The BMW M4 is packed with power, featuring 425 horsepower and 406 pound-feet of torque.

There’s nothing more fun than driving a responsive automobile that feels alive in the curves and eager to go when given more than a touch ...

Read more:

Loading...

Business

First Street's 'Fort Knox' up for sale

First Street's 'Fort Knox' up for sale


Megan V. Winslow/Town Crier
The Los Altos Vault and Safe Deposit Co. is on the market for $4.5 million. Its fortified steel and concrete structure has been compared to the U.S. Federal Reserve’s gold depository.

A downtown Los Altos structure “b...

Read more:

Loading...

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...

Read more:

Loading...

People

JOHN BATISTICH

JOHN BATISTICH

John Batistich of Los Altos Hills died peacefully on March 12 surrounded by his family. John is survived by his wife Claire Batistich (Vidovich) of 67 years and children Gary Batistich of Lodi and Gay Batistich Abuel-Saud of Menlo Park. He is also ...

Read more:

Loading...

Travel

Eat, hike, soak: Cavallo Point Lodge offers Marin experience

Eat, hike, soak: Cavallo Point Lodge offers Marin experience


Eren Göknar/ Town Crier
Cavallo Point Lodge comprises former U.S. Army buildings, like the Mission Blue Chapel, repurposed for guests seeking a luxurious getaway.

It used to be a place where batteries of soldiers lived, with officers’ quarter...

Read more:

Loading...

Stepping Out

'Fire' ignites in Mtn. View

'Fire' ignites in Mtn. View


Courtesy of Kevin Berne
The cast of “Fire on the Mountain,” includes, from left, Tony Marcus, Harvy Blanks, Molly Andrews and Robert Parsons.

TheatreWorks is slated to present the regional premiere of the musical “Fire on the Mountain” this wee...

Read more:

Loading...

Spiritual Life

Spiritual Life Briefs

Oshman JCC hosts Judaism and Science Symposium

The Oshman Family Jewish Community Center has scheduled its inaugural Judaism and Science Symposium, “An Exploration of the Convergence of Jewish & Scientific Thought,” 5 p.m. April 12 at the JCC’s ...

Read more:

Loading...

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...

Read more:

Loading...

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.

Schools »

Schools
Read More

Sports »

sports
Read More

People »

people
Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

photoshelter
Browse and buy photos