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News

Street crack-sealing project begins Monday, May 4

The City of Los Altos is beginning a city-wide street crack-sealing project on Monday (May 4).

City officials said the traffic impact for this project will be minimal. No streets will be closed and vehicles can resume normal traffic flow shortly aft...

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Schools

Homestead students use projects  to solve environmental problems

Homestead students use projects to solve environmental problems


Alisha Parikh/Special to the Town Crier
Homestead High School junior Maya Dhar, a Los Altos resident, left, and classmate Carolyn MacDonald support the school’s AP Environmental Science classes at the Arbor Day Festival April 23.

As summer app...

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Community

CHAC appoints new leader

CHAC appoints new leader

Naomi Nakano-Matsumoto, LCSW, has been named the new executive director of the Community Health Awareness Council (CHAC). A seasoned nonprofit leader, Nakano-Matsumoto is scheduled to assume duties July 1. She takes over for outgoing executive direct...

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Sports

St. Francis swimmers shine

St. Francis swimmers shine


Megan V. Winslow/Town Crier
St. Francis High’s Benjamin Ho competes against Sacred Heart Cathedral Thursday. The junior swam on all three victorious relays at the home meet, which the Lancers won easily.

Flexing its power in the pool, host St....

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Comment

Halsey House deserves preservation: Other Voices

Halsey House deserves preservation: Other Voices


Many contributing supporters to the Friends of Historic Redwood Grove believe that the Halsey House, designated a historic landmark by the Los Altos City Council in 1981, deserves to be saved and renovated for adapted use by the community.

Set in ...

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Special Sections

Sneaky shots: A photographer’s guide to capturing the proposal

Sneaky shots: A photographer’s guide to capturing the proposal


Elliott Burr/Special to the Town Crier
A stealthy photographer scouts locations ahead of time to find not just a place to perch, but also the ideal position for the subjects.

It’s showtime.

You’re about to ask the person in front of...

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Business

Pharmaca celebrates grand opening over weekend

Pharmaca celebrates grand opening over weekend


Megan V. Winslow/Town Crier
Pharmaca is coming to 400 Main St. with a grand-opening celebration scheduled Saturday and Sunday.

If natural health and beauty products are your cup of tea, expect to find them – and hot tea – this weekend at the gran...

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Books

People

JANE BUTTERFIELD PRINGLE LYND

JANE BUTTERFIELD PRINGLE LYND

October 30, 1924 - April 8, 2015

Jane Butterfield Pringle Lynd, daughter to Liebert and Elise Butterfield of San Francisco, passed away quietly at her home in Palo Alto surrounded by her family, following a short illness. Jane was a proud third ge...

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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

'Birds' landing in Mtn. View

'Birds' landing in Mtn. View


Ray Renati/Special to the Town Crier
The Pear Avenue Theatre production of Paul Braverman’s “Birds of a Feather” stars Troy Johnson as mafia boss Sean Kineen, left, and Diane Tasca as private eye Frankie Payne.

Pear Avenue Theatre’s world premi...

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Spiritual Life

Magazine

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon


tanya kucak/Special to the Town Crier
Shrub manzanitas are known for their sinuous mahogany trunks and branches. If the foliage hides the bark, prune selectively to open the center so that the bark is visible year-round. This Montara manzanita is ...

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Inside Mountain View

Up to the challenge: Local leaders unite to help at-risk youth

Up to the challenge: Local leaders unite to help at-risk youth


Courtesy of Challenge Team
Jeanette Freiberg, bottom of pile, has fun with family members. The Challenge Team named Freiberg, a student at Mountain View High School, its 2015 Youth Champion.

There’s an ongoing joke among members of the Challenge...

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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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