Fri12192014

News

Council seeks more options for community center

Council seeks more options for community center


Town Crier File Photo
The Los Altos City Council approved an appropriation to examine options for a new community center to replace the aging Hillview facility.

The Los Altos City Council last week voted narrowly in favor of examining further opti...

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Schools

Local schools participate in  national Hour of Code activities

Local schools participate in national Hour of Code activities


Ellie Van HOutte/Town Crier
Himan Shu Raj, a volunteer from Microsoft, advises Los Altos High ninth-graders, from left, Serhat Suzer, Jamie Bennett and Chris Yang as they participate in the school’s Hour of Code Showcase.

Local schools participa...

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Community

Take a dive into the holiday archive

Take a dive into the holiday archive

Town Crier staff made a quick cruise back through the newspaper's archives to find some late-December reading as inspiration for eating, drinking, decorating and more:

Beloved holiday books build the spirit of the season and staff at Los Altos’ Li...

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Sports

Pinewood poised for another title run

Pinewood poised for another title run


Ellie Van Houtte/Town Crier
Pinewood’s girls basketball team is receiving contributions from several new players, including freshman Stella Kailahi, above.

Complacency shouldn’t be a problem for the defending Division V state champion Pinewood S...

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Comment

Letters to the Editor

Ticket motorists for U-turns on Main Street

As I was walking downtown on Main Street recently, something came to me out of the blue. The town of Los Altos is missing out on a huge revenue stream. I realized that if all the cars – there were th...

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Special Sections

Looking Ahead

Looking Ahead


s in line to be mayor of Mountain View in 2015.

Mountain View anticipates the following changes in 2015:

• Beginning Jan. 1, Mountain View City Councilmembers will receive a raise to $1,000 per month as a result of the passage of Measure A in...

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Business

Your 2015 stock market game plan

It’s been a maddening month because of oil and gas, especially in stocks and bonds. Then, consumer spending pushed stocks higher Thursday, easing investors’ jitters about the global economy and prompting them to consider how to invest in ...

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Books

Gawande's

Gawande's "Being Mortal" proves an important book on aging


Books about death and dying are usually not on my list of “must reads.”

I couldn’t resist, however, the best-selling “Being Mortal: Medicine and What Matters in the End” (Metropolitan Books, 2014) by Atul Gawande.

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People

SANGEETA SACHDEVA

SANGEETA SACHDEVA

Sangeeta Sachdeva, 55, wife of Subhash Sachdeva and mother to Natasha and Tanya, died at 8:54pm, Sunday, December 7, 2014 from respiratory failure.

Sangeeta was born on October 18, 1959 in Delhi, India. She was born to Moti Sagar and Raj Kapoor an...

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Travel

South Tahoe renovations enhance off-mountain seasonal fun

As any enthusiast knows well, there is more to the enjoyment of winter sports than skiing or snowboarding.

While many winter resorts make minor upgrades each season, the off-mountain attractions and amenities can be as enticing as the activities on ...

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Stepping Out

Aurora Singers to emit 'Musical Glow' Friday

Aurora Singers to emit 'Musical Glow' Friday


courtesy of Aurora Singers
The Aurora Singers are scheduled to perform a seasonal concert Friday night in Palo Alto.

The Aurora Singers’ “Winter’s Musical Glow” holiday concert is set for 7 p.m. Friday at the Unitarian Universalist Church of Pal...

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Spiritual Life

Enter the superhero: Finding the God who loves you

In my life-coaching practice, I see a lot of pain. Much of it stems from fear and guilt, often expressed as low self-esteem, anxiety, a lack of forgiveness both for oneself and others, anger – and so on.

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Magazine

Christmas At Our House home tour celebrates 26 years

Christmas At Our House home tour celebrates 26 years


Courtesy of Christopher Stark
Homes on the St. Francis High School Women’s Club’s Christmas at Our House Holiday Home Tour showcase a variety of architectural styles.

The days grow short on sunshine but long on nostalgia as the holidays approach...

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Stocks slump after record high

After hitting a record high Jan. 15, the stock market headed lower on the heels of disappointing earnings reports from numerous corporations, several banks falling short of analysts’ expectations and a Goldman Sachs warning about rising stock market valuations.

It’s hard to determine what investors are doing with their stocks, because the advance-decline lines reflect a market moving sideways in 2014.

The weak start in the new year has raised concerns in some quarters about the market’s failure to hold the day’s results during the strong time of year – the volatility is worrisome. A few disappointing quarterly reports could lead to serious selling of individual portfolios.

Not many investors are panicking, but the slow start in January is prompting questions about whether this is the beginning of a long-awaited 10 percent correction, which hasn’t occurred since summer 2011.

According to an investment strategist at R.W. Baird & Co., “The loss of momentum in the opening weeks of 2014 can be explained by the fact that stocks entered January overbought and overbelieved, and, therefore, vulnerable to a changing environment.”

Even with the ups and downs, it’s the stock market’s best year since 1997, and investors may wonder which way to go in the future.

Money magazine recommended, “In 2014, think cash,” but not all analysts agree. The outlook for the stock market is positive and supported by moderately improving economic conditions and corporate earnings growth.

The best approach is to maintain a long-term view and consider adding stocks to your portfolio if they are appropriate to your mix of investments. The beginning of the year is the ideal time to review your long-term investment goals.

A major player on the Town Crier “50” made news last week.

Apple Inc. (AAPL; $554.25) continues to gain sales in the enterprise market. The company is projected to take 11 percent of global spending by governments and business on computers and tablets by 2015. Research firm Forrester Research reported that the number is up from 8 percent in 2012 and 1 percent in 2009 but does not include iPhone sales.

China Mobile revealed that the iPhone preorders that began Dec. 25 have topped 1.2 million for the 5c and 5s models.

“This is a watershed day for Apple,” said Apple CEO Tim Cook in a joint interview with China Mobile Chairman Xi Guohua. “I’m so honored to be doing business with Chairman Xi and China Mobile.”

Apple built a base of support during the course of 2013 and is still trending positive. Several analysts project the stock to reach $600 a share, perhaps even $630, noting that the 50-day moving average exceeds the 200-day moving average.

For the first quarter of 2014, Apple provided guidance of revenue between $55 billion and $58 billion, a gross margin between 36.5 and 37.5 percent and expenses between $4.4 billion and $4.5 billion.

Investors are looking for a new product from Apple in 2014. Without a new product, the stock price will drop, as it has in previous years.

Among the 49 brokers touting Apple stock, most deem it a strong buy or a buy, with only one recommending a sell. The stock’s high target price is $777, with a low of $270.

Clyde Noel is a Los Altos Hills resident and longtime investor in stocks.

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