[LINK] Telstra: In one hand, out another

Jan Whitaker jwhit at melbpc.org.au
Mon Jun 28 14:44:54 EST 2004


At 01:52 PM 28/06/2004, Ian Johnston wrote:
>So did I initially, but having read the Telstra Chairman's statement on
>Capital Management (lodged with the ASX)
><www.telstra.com.au/communications/shareholder/docs/tls235_capitalmanagement
>.pdf>, I've concluded that there enough ambiguity in this statement (see
>extract below) to enable Telstra to do almost anything.  Perhaps, there's
>another statement that clarifies this matter.
>
> >From the statement: "The Board and management agree that the Company's focus
>should continue to be on Telstra's existing Australian, New Zealand and
>Asian operations and upon global services to our multinational customers."

More on this.  Anyone use fetchmemovies.com.au?  It's a Telstra DVD rental 
venture.  What that has to do with telecomms is well beyond me. You 
couldn't even put it in the Foxtel group as it's really competition for pay 
tv.   ?????

Jan


JLWhitaker Associates
Melbourne, Victoria, Australia
jwhit at melbpc.org.au  --  http://member.melbpc.org.au/~jwhit/whitentr.htm
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