Quick Take: AMD's Talent Theft (AMD, INTC, MSI)

Quick Take: AMD's Talent Theft

AMD (NYSE: AMD ) just hired a couple of high-level executives, after losing a couple of key managers in the last couple of months. Hiren Israni and Gautam Mukherjee will head up a revamped "emerging markets" team, with responsibilities for operations and original equipment manufacturers (OEM) relationships, respectively.

Israni's experience running the Southwest Asian operations for Motorola (NYSE: MOT ) sounds very appropriate, but Mukherjee's resume reveals an even tastier steal: He used to run the Community PC sales force for archrival Intel (Nasdaq: INTC ) . What tricks and tips did these guys bring along to the party? I guess we'll see in a couple of quarters, when they've had a chance to make a difference in their field.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

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