>> not the sand and cisco bay trail, which goes all the way around the bay -- the sand and cisco bay trail, which goes for all the way around the bay. >>. walking trail or bicycle? >> it is both. >> ok, dan has to go. thank you very much. >> thank you, enjoy the water. >> ok, we're going to go around to the front door and look at this. the ferry building was originally built on woodpiles. that were driven down into the mud. not the bad rock. it is almost impossible to find bad rap here -- it is almost impossible to find that rocked -- bedrock. they brought this so they could build the ventilation shaft, and the construction materials were brought here. the same thing is true if you go up to camp mather. a lot of what you see at camp mather was built, part of the construction shack and places for people to lift when they build the dam. the same thing is true here. this is the bart ventilation shaft and the ferry. the average water depth isz about 40 feet, and that is about right. on this side of the bay, we have average depths better 35, 40, 50 feet. the east side of the bay is very s

it was the third time in as many quarters that cisco stunned the market with a weak outlook. cisco is considered an industry bellwether and is the world's largest networking economic maker. u.s. markets ended on a mixed note. traders tried to grasp the ongoing developments in egypt. the dow lost 10 points, the tech heavy nasdaq ended up gaining 1/3 points. >>> san francisco gets down to work. the to do list the city must tackle as it gets ready to host the america's cup. >>> plans for the 34th americans cub in san francisco is coming to a focus. we got a look at the upcoming activities, and projects include making improvements to several piers. the planning department will conclude a report on the impact. >>> and the corporate clam bake i like to call it. down the peninsula, the last couple of days a lot of fun mixing and mingling with the celebrities. serious business today. we may have a local story brewing. fred inglis has the story. >> reporter: mark, you know 22- year-old joseph bramela is from saratoga, he played at stanford. first played golf here at pebble beach when

after the bell, cisco's weak earnings and dismal outlook sent shares of the bellwetter equipment makerumbling in late trade. fed chair ben bernanke warned the newly gop led house budget committee that massive spending cuts could have dire consequences if the u.s. defaults on its debt. bernanke waved off inflation fears and said expect high unemployment for several years. >>> meanwhile, dwindling supplies could have affects for months. case in point, after releasing earnings that beat the street, coca-cola said its products will cost more this year. whole foods continues to buck the belt tightening trend. after the bell it raised its profit outlook thanks to rising sales from its wealthier customers. >>> the new york stock exchange is near a deal to be acquired by germany's deutsch bors. according to cnbc if the deal is approved the famed nyse name will stay the same. >> hewlett-packard unveiled its new touch pad tablet yesterday, hoping to give apple's ipad a run for its money. pack light if you're flying. u.s. airways this valentine's day weekend, the airline just upped the price of o

that's because dow stock cisco released its latest quarterly results after the close.here are those results, coming in two cents ahead of expectations. but profits and margins fell from a year ago. let's roll out the past 180 sessions for cisco. shares were up a fraction before tonight's news. they fell as much as 3% after the close. if that keeps up tomorrow, it still wouldn't take out the low late last year after its guidance for this quarter was disappointing. but clearly we could see some movement. rolling out a full year of trading for cisco, the stock has been stair-stepping lower, down 7% over the past 12 months. helping the dow stay in positive territory today? it was 3m. shares up 1.5%. this is highest close since october. clearly making a run. 3m raised its dividend to 55 cents. it also okayed a $7 billion buyback plan, and it's on track to have china make up 9% of its sales. leading the dow was disney, house of the mouse, jumping more than 5% after its last night's earnings. we mentioned how it could hit a new all-time high, and that's exactly where we are t

cisco did major acquisitions in the last few years. they've our web companies, of video conferencing company now. wrapping proms integrating everything as we saw last quarter especially on public sector. the private sector is wren fantastic on sales. it is that for cisco good for the stock market. >> it does make sense. here's another interesting story. wiggy lakes releasing information basically saying that the zero oil numbers may be way off or inflated. are people getting worked up about this or not? >> that broke this morning, oil does nothing on it. no reaction. there's been rumored they been overstating their numbers, it's not a news story it say new wall street story. it's always expected the numbers are wrong. the wicked leaks we doubt the credibility of it. there's a lot to selling to it. timing is to insert. of course were unhappy coil at some time. it's course school will increase in. it is a 2012? 2030?. saudi oil is important about 30 percent of the world oil whereas the united states is picking up on that number. the we k

it will enable cisco to triple its enrollment and accommodate 150 preschoolers. >>> celebrity golfers and typos are a team it up this week on one of the most vocal courses in the world. they hit the green today at pebble beach to win money for their favorite judy that includes bill murray, george lopez, kevin costner, and ray romano. michael bolton 12 days around and $19,000 for his charity. >> every time you walk up to the ball your nerves are acting up because this is not what we do for a living. i am a lot better at microsoft. >> play gets underway for real tomorrow when the pros and celebrities try to make the cut for the at&t proam. >>> the damage diet soda could be doing to your brain. >>> an unusual sight caught outside the golden gate and why these orcas are swimming. >>> a very cold night, temperatures are supposed to fall below freezing, when we come back. >> at the san mateo county fairgrounds today family and friends built an emotional goodbye to the california national guard. they will spend the next month training at fort lewis, washington before heading to iraq to provi

big night for earns, but nervous times for cisco stockholder. the san jose networks giant reporting an 18% drop in earnings. cisco on the nasdaq and dow dropping by nearly 9% this evening. it's the end of the video game era. "guitar hero" is hanging up its amp. activision says the franchise isn't selling like it used to. this was a game that topped a billion in sales quickly, but recently, sales have been slow. so, we say good-bye to a video game trail blazer. >> it was so popular for so long. >> here's my question. what will my son do now? >> he'll have to find something new to play? >>> still ahead, firefighters rushed to the aid of a south bay toddler caught in a most unusual jam. we'll tell you how they saved the day. >>> also, the first lady gives an inside look at life in the white house. the first daughters and her attitude about facebook. >>> and diet soda. is it really a healthier alternative to regular? a new study might make you think twice about drinking one. >>> a spectacular day outside here across the bay area. plenty of 60s, righ

cisco says that will close that digital divide just a bit. arice focuses on students be the first in their families to go to college z they're having terrific success. >> what a great thing for >>> in the newsroom at 6:00 the hidden tax that comes with the president's health care plan. tonight what california lawmakers plan to do about this expensive loophole. also, an online power play. the effort in washington to give the government ability to shut off the internet. its coming up at 6:00 now back to dan and cheryl. >> thank you very much. >> world news is coming up next.

cisco is disappointing this morning.hile, a verizon store is the other big story of the morning. they start selling the iphone to the general public today. we'll cover that coming up in a bit. >>> thank you, scott. the bay area is seeing a spike in a number of homeowners getting their first foreclosure notice. more than 2,500 bay area homeowners got default notices in january. that's up more than 8% from last year. and almost 38% from more than a year ago. 34% of the total foreclosures are in alameda county. and statewide more than 24,000. the fall notices were sent out last year which is actually a .3% drop. >>> 6:32 right now. after stunning courtroom admissions a bay area man may not have to stand trial for allegedly attacking a priest. a judge could decide today the fate of will lynch. marla tellez is following the story for us. she is joining us with more on the latest developments today. >> reporter: today is his own preliminary hearing, and today could be the day will lynch and his supporters have been waiting for

civet cisco coming james lick el little more busy that we saw at the top of the air. a awarding version safeway shoppers at least six people have put rob. the suspects watch the victims of that follow them home thereof described as an elderly women. a family of pittsburgh is geared to send their first day at home after their house was targeted by 17 bullets yesterday. the family was up from one of the bullets began to hit their cars. >> three in this wall, i heard this pipe. i said oh god they are shooting in the house, they came in the window. this is where my husband was sleeping. >> james: police believe of the hall may have been the single out because of the activities of a young relative. people parking in central cisco to not always followed the rsaid francisco tos follow the rules. --san francisco. >> stanley: 7 disc police department is their rea san francisco police department is hitting our real tickets are from police officers writing tickets. this driver created her own parking space by squeezing into a half red, have yellow sun. she doubted to get for the

holding the dow industrials down-- cisco systems. we detailed its earnings last night with its shrinking margins. it was the worst performing dow stock today, falling 14%. here are the past 180 sessions. we mentioned the sell-off in november, which came after disappointing guidance. today's selling takes out that low. and on the full year chart, tonight's low sets a new 52 week low. volume was extremely heavy today-- more than 500 million shares. that's more than ten times its usual pace. another drag on the dow-- walmart. this 2% drop was enough to make walmart the second worst performing dow component. ubs cut its opinion to neutral from buy over worries about its fourth quarter performance. those results are out february 22. threatening to pressure the dow tomorrow-- kraft. earnings were no surprise, matching estimates, but down from last year. this is the third full quarter to include candy giant cadbury. kraft was a little weaker going into these results, and fell as much as 2% after hours. its earnings and revenue growth foreca

cisco is a pretty big reason for that.an jose company reported its earnings and even though profits and revenue was in line with expectations, even though profit fell 18% from last year, the company's main business, its switching business, which accounts for a third its revenue, was down 7% and lowered its full year forecast. the company has seen a lot of pressure from other companies in the switching business. and cisco is not realizing the same gains as other technology suppliers. as a result, its shares are getting hammered right now on wall street dragging down the tech-heavy nasdaq. right now cisco is lower by 12%. that's $2.68. dow is down by 80 points. we have the nasdaq off by 25. the s&p down by 9. and the dow is trying to continue its winning streak. it's been on an eight-session winning streak. not looking good now. >> you heard about this deal we have been reporting on a possible deal i guess facebook, google, twitter, coming together? >> this is an interesting one. the "wall street journal" saying that there h

the guest list but it's said to include facebook's ceo mark zuckerberg as well as executives from cisco systems, intel and google. >>> oakland police tell us they have no suspects for a triple shooting near interstate 880 and 98th avenue. three people were wounded on hunter avenue about 8:45 p.m. last night, the victims two men and a woman. two were shot on the street, the other was in a car. they are all expected to survive. >>> commander of a special drug task force under arrest this morning accused of selling the very drugs that he was supposed to be keeping off the streets. christin ayers is in martinez where the suspects are in jail. she joins us now live from martinez. good morning. >> reporter: good morning. that top commander that you spoke about normal wielsch is behind bars here at the contra costa jail accused of selling drugs that had been rounded up in narcotics busts. cbs 5 has spoken to wielsch on a number of occasions after drug busts. he is, as you said, a commander for cnet, that's the central contra costa count task force. they said he told meth, steroids and marijuan

. >>> a shakeup at cisco this morning. the top man is out, just a day after the markets were shot with a gloomy business forecast. we watched cisco carefully because the san jose-based company employs 70,000 people. cisco has been trying to become more consumer-friendly lately. stuff you can buy at best buy instead of just big routers for government and industry. chip maker amd lost its ceo recently and saw two more execs leave. that's two big silicon valley strongholds with management shakeups. >>> we know you are watching. thank you. >> we are watching the weather, too. it should be pretty good for your friday and weekend, but down the road, it is february, we enjoy the sun and warmth. we still need the rain. >> we do need the rain. it looks like heading through the second half of february we have not had any rain in february so far. it is going to be the exact contrast of what we have seen. every model that i look at shows rain in the forecast each and every day next week. in fact, all the way throughout next weekend an

. >> cents and cisco's buses and trains serve many writers -- san francisco buses and trains serve many riders. the need to be sure they can get off at their intended stop. the digital voice announcement system, which announces upcoming stops, can help these low vision riders know where they are, but only if set properly. >> it is a wonderful piece of technology, but in practice, it is a little bit more tricky. oftentimes, i find that the automatic announcement system is turned off or turned down so low that i'm unable to hear it, or it is turned up so high that the sound is distorted. >> most of the time, it does not ever seemed to be on. or is it is, it is a really quiet. occasionally, it is so loud that it is distorted. >> driver, may i have california st., please? >> no problem. >> whenever the announcement system does not work properly and a driver does not call out the stops, and i'm totally lost as to where i am. the announcement system calls out the stops, but to help the customer, i caught the destination, transfer points, and requested stops. and it is the law. >> i use the p

and if facebook is going to be using the old cisco campus? and is going to alter certain, realistic on yousuf. and other areas like san mateo would not release date--and with the ipo. and the east bay, san francisco, marin county they seem to be pretty challenged in my opinion as far is bringing in new companies and business. 62,000 is the average salary. >>catherine: that is not that much purify >>rob: with a double bed$350 home value. >>catherine: aeronaut that many of those a billable of $350 k hosni mubara >>this just in to the kron 4 news room thursday evening president obama is going to be in the san francisco bay area. he will meet with business leaders in technology and innovation. no other details are being released but we will bring them to you as soon as to get them. >> a new study with popular energy drinks. with caffeine, stimulus could increase blood pressure in disrupt sleep. and even cause eating disorders and young people cured with over one half of the capping overdoses on the age of 19- caffeine. >> sharks in fused in a tra

representing sanford cisco green party and the local grassroots organization. i will start out by saying that, as most of you probably know, we have, since the last lafco meeting, which was very recent, been engaged in some heated back room debates with staff about how to move forward. at the presentation, the idea was to just move forward, and not commit to anything else. for us as environmental organizers, environment just as organizers and jobs organizers, we felt the best just did not fit with the vision of what we have been fighting for for so many years. but i think that what we have come up with through these last few days is really like going head-to-head and working together with at any given time staff. we have come up with something that can move forward that we are comfortable with. i just want to get us back to the big picture of why we are pushing so hard for there to be a strong bill doubt attract while the purchasing track is going forward. those are the tracks we finally are starting to get to harmony on. originally, -- we have been pushing for

i am a part of the south separate cisco impact. i bicycled there sometimes. i often drive there. i want to say how excited i am about this project. i have been working on this for years. some of the changes were implemented. that was an awakening to me. i see the same possibility. it has been such a barrier for that to happen over in cesar chavez. the ground is being broken up for a very important reason. i think it is an incredible opportunity toi. ts flaw is tragic. a lot of the changes are clarifying. it may slow down traffic. the level of service to be gained by clarifying where you are supposed to bei know that ia very good friend. she was one lane over while somebody got annoyed about the person in front of manhood -- in front of them. it becomes a turn lane there. they went into her. that doesn't happen to my remains because they avoid driving on it. it is only people coming from another neighborhood through to the highway. i want to point out that this really is the neighborhood. [chime] >> reading nam[reading names] >> i commute daily. of the dangerous part was going dow

this january, 11 homicides and seven cisco, oakland has the same number of murders and in san jose, it is not far behind but seven. so same time laughter, 5 = san francisco. oakwood = 4. the same time-last year. and this has caught the police chiefs attention with homicide numbers have gone down. san francisco = 50 = 20 tent. an2010-to-open, there were only half 7 lincecum 20 mortars, that is down a party to in 2008. what is this ? let us take a look at san francisco. the broad daylight shooting in this coffee shop. and there is no clear pattern. they have been spread over san francisco and most were not random act of violence. oakland, a little bit more clear. a recent increase in gang violence. hear, a recent shooting left six people wounded. you can see here-- >> and also downsizing, san jose are dealing with the gang problem. three of those seven homicides of and game-related including this teenage shooting. also with budget constraints. how >> and with a officer related shootings this san francisco is provirevising its efforts with electronic stun guns. after the police commission

. >>> cisco company says they will provide wireless routers to students. about 25 students were without access to home so they donated computers and free internet connections to those students and their families. >>> a weekend of camping paid out for 100 students and their parents. spots were worried this morning on a first-come first serve basis. those who were not awarded were placed on a waiting list and they say the school was in a high demand because they are a small, safe, college prep school. >>> there are no plans to raise student fees this year. >> for the first time in history that these are larger and we are not in appropriations. i think that is tragic. >> they testified about what governor brown's proposed budget cuts mean for higher education and hope a five-year tax extension gets avoided. >>> the bright lights shined in san francisco today. a pilot tv series is filming. david stevenson explains. >> reporter: "alcatraz" is one of about a half dozen film and tv projects had to be shot in san francisco and is projected to bring in about $3 mil

cisco also expects the amount of data sent over those devices to be 26 times larger than the amount of data sent last year. video will be the single biggest segment of traffic over mobile devices. >> in the theaters next week is the 3-d animated movie nomio and juliet. it's from walt disney company that owns abc 7. don sanchez caught up with sir elton in beverly hills. >> juliet, i just wanted to see you again. >> a retelling of shakespeare's romeo and juliet without the tragedy as played by gnomes, the little figures you find in gardens. here they come to life. >> because you're blue my father sees red. >> sir elton john is the executive producer. he said it almost didn't get made until a disney executive gave it a green light. >> it died several times within its 11-year life span. he said go away and do this movie the way you want to do it but i'd like to hear some elton john classic stuff in there. we haven't thought about that. >> it's not too obtrusive over the story line and the characters. >> their music, particularly their love songs are the emotional glue of this movie. >> the

take vo ---hoy la compaÑia de alta tecnologia, "cisco" dono a todos los estudiantes de la escuela preparatoriae" en oakland, equipos inalambricos para facilitar el acceso a internet en sus casas. ---mas de 200 "routers" y adaptadores les fueron entregados a los jovenes de noveno a doce grado, en un evento que conto con la participacion de la alcaldesa jean quan. ---algunos jovenes dijeron realmente necesitarlos .... porque a veces una sola conexion no es suficiente para todos en sus casas. take sot adolfo cedillo/estudiante de grado 12 "yo mi mama, mi hermano a la vez usando al computadora a la vez no se puede, ya con esto a lo mejor yo y mi hermano podemos usar la computadora en nuestro cuarto, para hacer nuestra tarea mejor" noel gallo/junta directiva distrito escolar de oakland "lo que falta aqui es la tecnologia, el computer, el laptop, y esta accion es muy importante, es el primer paso como se dice.... takevo ---bueno y ustedes ya lo oyeron, este es un primer paso, asi que algunos lo que esperan ahora son mas computadoras portatiles...oj ala se les cumpla el deseo!!!! cu ----y ahora, ante

why sanford cisco could beat the first city to >> appeal pages. coming up. breaking is, egyptian president has been in power and is not seeking reelection. this comes days after protests taking him to step down. estimate days has more from washington. >> after more than a week of demonstrations calling for an end to his regime the president is announcing he will not seek another term. >> i was not in 105, i'm--i it was not content in stepping down. >> in a dramatic shift in u.s. foreign policy but you just as u.s. envoy it sent by iraq of, urged him to make the announcement. earlier tuesday tens of thousands of demonstrators gathered in egypt major cities and in cairo's square which in english means liberation. they stood shoulder-shoulder. in washington lawmakers was their support and concern. >> it is imperative that he addresses the nation and announces with grace and leadership in his understanding of the expression of his people that they are making. their aspirations. he needs to embrace them, fully. >> at the egyptian people not only have the right to

[chime] president olague: [reading names] >> i reside in west san fran cisco. i am here in support of the development for a number of reasons. i realize my reasons might seem more simple than some of the ones i have been listening to. first and foremost, i think it needs new development. there has been no substantial development in recent years. it would mean more san francisco residents will take advantage of what the great area of the city provides. they're proposing many two- bedroom units to encourage family housing. as a whole, it will increase our neighborhood population. these new residents will hopefully encourage local shopping areas. and they are currently existing. that would create easier access for me as a consumer and job opportunities fo rthe n -- for the neighborhood. it continues to be one of the greatest icicles and the country. -- high schools in the country. many take it vantage of being able to walk or bike to these places with their children. i am sure it would encourage more people to consider living in this side of the city. we also have

that is a spirit of what makes sense and cisco a special place in the hearts and minds of people -- that makes san francisco a special place in the hearts and minds of people. mayor lee, here is my advice. you have a year, figure out what you want to accomplish. you were put in this position by the people to my right, but the people of san francisco are the people counting on you. [applause] do what you think is right, and remember that as important and impressive as this did not -- as this is, there are hundreds of thousands of people who require your attention and leadership. always remember the people outside are the people we also need to represent. remember that just because you disagree with the other side does not mean something is going wrong. that is part of the process. you are going to have a difficult time with the budget, a difficult time processing the new police chief and the reality is taking place and how they manifest in our county, but always remember to do what you think is right. people like me come and go puree your you are given a moment in time. there is no having

some of the other big names invite tees to this dinner in woodside, the ceos of yahoo, cisco systems, twitter, netflix or oracle. >> he is here to see how these companies grow in the middle of the worst recession ever having great years, facebook and apple exploding through the recession, and many others, google booming through the recession. [ yelling in the background ] >> reporter: the president trying to expand it further. this is the scene outside the private dinner last night at the home of a venture capitalist in woodside. massive security measures in the neighborhood and several closed roads but neighbors did not seem to mind. now, today up in hillsborough, oregon, obama is expected to name the ceo of intel to a new presidential advisory committee. his name is paul otellini and he has been a bit of a critic of obama in the past. so just another sign of him trying to bridge the gap and gather all of the ideas he can when it comes to this new agenda. >> thank you, anne. anne makovec at sfo. >>> no high-profile democrat is in the bay area. that's former president bill clinton. he

cisco's ceo. the president looked from the white house this afternoon, the trip described by a press secretary as moving forward with the president's agenda to promote innovation and jobs in high tech, and green tech. political observers are describing this as donor maintenance. the president is meeting with very deep-pocket ceos. >> he has to reconnect with his fund raising base to get that operation started again. it's more than that. we have to look at, is this in the context of what is going on now? >> abc 7's bruce cane says what is going on is that republicans goring after the call for government investments in high tech and green tech. and this visit is about countering that that message. >> a lot of republicans believe there is nothing of value that comes out of involvement in investment z you know, you've got to build that case and show that that is wrong. >> meeting the president this evening will be san francisco mayor ed lee. >> our future is depending upon the growth of our technology

darker day is san jose-based cisco, a drop in profit.in spending on research and product development and cisco shares under pressure overnight. trading down about $2.50. the dow, s & p and nasdaq all down about a half percent or more here so far. in the bloomberg silicon valley index actually trading down about 1.5% there. best buy hoping to lose less business to wal-mart. rather than stategizing when to offer discounts, bloomberg says the retailer is shipping to lower every day pricing like wal-mart does. customers won't go to best buy except sales. you mentioned in the jobs report, eric and kristen. talk about that real quick. weekly jobless claims better than expected, 383,000. that's the lowest since july of 2008. the labor department says maybe a little inclement weather still having an impact on that. we need to see this trend continue but that was a pleasant surprise this morning. live at the new york stock exchange, i'm jane king. >> we've got some pleasant job news locally as well. >> hundreds of jobs coming to the peninsula. th

steve jobs, mark zuckerberg, john chambers of cisco, google's schmidt and there are others.he white house spokesman said much of the group discussion last night centered on ways to invest in innovation and job growth in the public sector. republicans are quick to point out ten of the 12 people at the kinnear last night here in the silicon valley are contributors to president obama and they say this is really a poorly disguised campaign swing, albeit an early one, for the next presidential election. they also have trouble with some of the money he wants to spend on all his projects. terry mcsweeney, abc 7 news. >> thanks a lot. oakland police say they're now closing an investigation into allegations of sexual acts involving second graders inside an oakland elementary school classroom. the incident happened last month. oakland police tell our media partner the oakland tribune that no criminal charges will be filed. investigators believe students were telling the truth but found no evidence adults participated in the acts. a teach was put on administrative leave. >> an east bay

images can be found in bart stations located in san for cisco and oakland. >> it is enormously exciting for me personally and for the institution. the poster with up right after new year's, and i remember very vividly -- i am a regular rider, and i went into the station and saw the first poster i had seen, it was incredibly exciting. it is satisfying to know that through the campaign, we are reaching a broader audience. >> for more information about >> welcome to "culture wire." i'm here with james lee, and exhibiting artist, and we will have a chat today about the body of work you are presenting. after you left the military, what prompted you to go back to a place where the u.s. is engaged in military action? >> it is interesting. the population of afghanistan is around 29 million, and there's probably no more than 80,000 u.s. soldiers serving in afghanistan right now, but if you look at the stories that come out, you think the numbers are completely reversed. all the stories are about americans, and you see almost no images of stories about the afghan people themselves, so if you look