Thu11272014

News

VTA plans for  El Camino Real prompt skepticism

VTA plans for El Camino Real prompt skepticism


Ellie Van Houtte/Town Crier
A Valley Transit Authority proposal to convert general-use right lanes on El Camino Real to bus-only use received a chilly reception last week.

A Valley Transit Authority proposal that prioritizes public transit alo...

Read more:

Loading...

Schools

MVHS students attempt Guinness World Record

MVHS students attempt Guinness World Record


Barry Tonge/Special to the Town Crier
Local residents participate in an attempt to break the Guinness World Record for making the most friendship braceletsNov. 9 at Mountain View High.

More than 300 Mountain View High School students gathered around...

Read more:

Loading...

Community

Bigger, better days ahead for Foothill Veterans Resource Center

Bigger, better days ahead for Foothill Veterans Resource Center


Student veterans at Foothill College can seek support, access resources and socialize at the Veterans Resource Center.
Ellie Van Houtte/Town Crier

Carmela Xuereb sees bigger things in store for the Foothill College Veterans Resource Center. One...

Read more:

Loading...

Comment

Serving those who served us: Editorial

“Thank you for your service” often comes across as lip service to our veterans. As always, actions speak louder than words.

The Rotary Club of Los Altos has taken plenty of action, contributing time and money to improve opportunities for veterans th...

Read more:

Loading...

Business

Report: Los Altos homes priciest in U.S.

Report: Los Altos homes priciest in U.S.


ToWn Crier File Photo
The average cost of a four-bedroom, two-bathroom home in Los Altos is 30 times more than the price of a similar home in Cleveland, according to a Coldwell Banker report.

The average cost of one Silicon Valley home can purchase ...

Read more:

Loading...

Books

Children's author signs books at Linden Tree

Children's author signs books at Linden Tree


Author Tiffany Papageorge is scheduled to sign copies of new her book 11 a.m. Dec. 6 at Linden Tree Books, 265 State St., Los Altos.

Papageorge’s “My Yellow Balloon” (Minoan Moon, 2014) is a Mom’s Choice “Gold” winner. In the book, the Los Gat...

Read more:

Loading...

People

RICHARD CAMPBELL WAUGH

RICHARD CAMPBELL WAUGH

Richard Campbell Waugh of Los Altos Hills, Ca. died at home October 31, 2014 surrounded by his family and caregivers.

Dick was born 1917, in Fayetteville, Arkansas. He earned a BS in chemistry from University of Arkansas and a PhD in organic chemi...

Read more:

Loading...

Travel

Weekday Wanderlust highlights the joys of armchair travel

Weekday Wanderlust highlights the joys of armchair travel


Dan Prothero/Special to the Town Crier
Travel writers at the October gathering of the Weekday Wanderlust group include, from left, James Nestor, Kimberley Lovato, Paul Rauber, Marcia DeSanctis and Lavinia Spalding.

Travel writing should either ̶...

Read more:

Loading...

Stepping Out

Pacific Ballet's 'Nutcracker' opens Friday in downtown Mtn. View

The Pacific Ballet Academy is back with its 24th annual production of “The Nutcracker,” scheduled this weekend in downtown Mountain View.

The story follows young Clara as she falls into a dream where her beloved nutcracker becomes the daring prince ...

Read more:

Loading...

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...

Read more:

Loading...

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.

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