Corporates: TLS, FLT

Telstra & #160;says it is negotiating with the federal government over proposals to separate the telco, with the interests of its shareholders taking precedence.In a letter sent to shareholders yesterday, chief executive David Thodey and chairman Catherine Livingstone said the negotiations were being conducted in a positive and constructive manner.The news helped push up the company's shares 3 cents to & #36;3.26 at the close.That was also three cents higher than the level before the federal government made its announcement. & quot;As we stated last week, we are disappointed the government has felt it necessary to introduce this legislation at a time of such fundamental change in the industry, & quot; the two wrote. & quot;This legislation will mean a significant change to Telstra and the industry. & quot;We are continuing our negotiations with the government in a much more constructive and positive manner, but let us conclude by addressing a misconception that has been raised recently in the media. & quot;The board and management have always had, and will continue to have, the interests of shareholders as our over-riding priority. & quot;Mr Thodey and Ms Livingstone said in the letter they had been encouraged by the many emails and letters the telco had received from shareholders expressing concerns about the government's initiatives.Under legislation introduced to parliament a fortnight ago, Telstra faces the structural separation of its wholesale and retail businesses - by either voluntary or forcible means.The proposal is aimed at creating a more level playing field ahead of the build-out of a high speed national broadband network.The company said it was & #160;preparing a submission for a senate inquiry into the proposed regulatory reforms, which is due by tomorrow week, October 7.

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About Daniel Kertcher

Daniel Kertcher established Platinum Pursuits in 2001 as a vehicle in which to share his knowledge of strategies to use the financial markets to grow wealth, with the aim of achieving financial freedom by making your money work for you.

His argument is that until you become financially literate and develop a method where you're able to get a reasonable return on your capital (i.e. making your money work for you), you will instead be forever working hard for your money.

Daniel Kertcher personally achieved financial freedom at a relatively young age, through his knowledge of property and then financial markets investing. Through using Options and leveraged instruments such as CFDs, Daniel developed a system to trade the markets where he could benefit from the leverage when the trade went in the direction he predicted, and hedged his positions so that there was a limited downside risk.

Some people in the past have criticised Daniel's message of striving for financial freedom in a high-risk environment such as trading derivatives. However, it is not Daniel's or Platinum Pursuits' goal to encourage everyone to trade the financial markets. Every kind of investing contains an element of risk, so this level of education is aimed specifically for those who want an understanding of professional trading techniques and strategies that they hope to apply to their own capital, and it is absolutely true that many people are not yet in a position to invest a chunk of their savings.

To be truly financially literate, it can pay to explore all the options available when you are in a position to try to get ahead in life. Daniel currently presents free introductory seminars nationally on selected dates from February to November.

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