Tue06302015

News

LAH council approves  Page Mill Road expansion

LAH council approves Page Mill Road expansion


Megan V. Winslow/Town Crier
The Los Altos Hills City Council endorsed a plan to widen the congested Page Mill Road to six lanes between the Interstate 280 interchange and Foothill Expressway.

Infamously congested Page Mill Road should be widened to ...

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Schools

Local muralist tells a story of young Los Altos at two schools

Local muralist tells a story of young Los Altos at two schools


Eliza Ridgeway/Town Crier
Los Altos muralist Morgan Bricca, above, created a work at Covington School commissioned by the Class of 2015.

Just as school ended this year, new color bloomed on two Los Altos campuses – public art projects commissi...

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Community

Los Altos girl out to 'squash' inequality: 10-year-old raises funds for female players with motto Equal pay for play

Los Altos girl out to 'squash' inequality: 10-year-old raises funds for female players with motto Equal pay for play


Courtesy of Lisa Bardin
Mika Bardin displays a certificate of participation she received at the 2015 U.S. Junior Squash Championships. Although Mika is not competing in the upcoming NetSuite Open Squash Championships, she is helping other female pl...

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Sports

Hurdling adversity

Hurdling adversity


courtesy of Nicole Goodwin
Ella Goodwin, hurdling, above, has come a long way since her early-childhood battle with leukemia.

While Nicole Goodwin is proud of daughter Ella’s athletic achievements, it’s not her skills on the soccer field...

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Comment

No confidence in civic center proposals: Editorial

Few Los Altos issues have become more convoluted than the development of the 18-acre Hillview civic center property. Most agree that the area, as currently configured, needs improvement. But nothing has happened in the nearly 10 years since serious d...

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Special Sections

Star-spangled manor: Orange Avenue home boasts Americana theme

Star-spangled manor: Orange Avenue home boasts Americana theme


Megan V. WInslow/Town Crier
Los Altos resident Pinky Whelan’s Orange Avenue home features a patriotic theme, evident in her living room decor, her historical collections and displays and her welcoming entrance.

Let’s hear it for the red...

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Business

Thai Silks shutters Los Altos store this month

Thai Silks shutters Los Altos store this month


Megan V. Winslow/Town Crier
After more than 50 years in business in downtown Los Altos, Thai Silks is closing up shop at 252 State St. by the end of the month. The store will continue to offer its inventory online and via phone.

A longtime downtown ...

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Books

People

ALAN FRAZIER KREMEN, MD, PHD

ALAN FRAZIER KREMEN, MD, PHD

Alan Frazier Kremen, MD, PhD, aged 68, loving father & surgeon, of Stockton peacefully passed away on June 13th, 2015.

Born in Minneapolis on December 17, 1946, he received a BA from Stanford University, 1968, a PhD in Philosophy from the Univ...

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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

'Town' closes down

'Town' closes down


Chris Peoples/Special to the Town Crier
Hope Cladwell (played by Krista Joy Serpa) and Bobby Strong (Lewis Rawlinson) get romantic during their duet in “Urinetown: The Musical.”

The Los Altos Stage Company production of “Urinetown: The Musical” ...

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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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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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