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INTC 37.81-4.3%Dec 12 9:30 AM EST
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To: Amy J who wrote (180464)3/25/2005 1:06:08 PM
From: Lizzie Tudor  Read Replies (2) of 186894
 
funny I was just mentioning Marvell on another thread. They are going into that old 3COM bldg on 237. Thats a marquis bldg. Of course there are a lot of empty bldgs around but right now we are still in a climate where most companies I know of (esp big companies) are not moving. I think I saw Motorola or some other big company in the old Ariba complex too. Fundamentally, I'm sure you agree, that things are really,really getting better in the valley- for jobs and companies etc.

Just 2 days ago I visited a company who are a 20mm startup in a hardware area in an expansion phase. They want to setup a big mfg system. My company is bidding for the business (sortof)- well we do consulting but we are really interested in working through the issues with our product. Anyway, they asked about 2 things I was clueless on- SOX, and "Intellectual property out of the Cayman Islands or Bermuda". What the heck is that? Anybody know? I am certain there is some BS loophole in the corp tax code that lets companies like Marvell develop stuff here and sell through Bermuda with no tax? I don't know. So far there are not too many companies set up this way. I wouldn't feel too comfortable investing in a Bermuda company though.
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