[LINK] Telstra: In one hand, out another

[Howard Lowndes]

On Mon, 2004-06-28 at 14:44, Jan Whitaker wrote:
> 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.   ?????

>From the view point of the shareholder, diversification is usually a
good thing.

> 
> Jan
> 
> 
> JLWhitaker Associates
> Melbourne, Victoria, Australia
> jwhit at melbpc.org.au  --  http://member.melbpc.org.au/~jwhit/whitentr.htm
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-- 
Howard.
LANNet Computing Associates - Your Linux people <http://www.lannetlinux.com>
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