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To: OFW who wrote (2975)3/19/1998 5:56:00 PM
From: baron-marney  Respond to of 4276
 
To OFW,

Regarding the rumor as to the value of the East Texas properties purchased by Titan; they refer to the current purchases of lease hold properties over the last thirty days.
Example: if you bought a house six months ago for $500,000 and the identical house next door sold last month for 1 million, rumor has it that your house is worth a million as well.
We have no ethical or legal problems reflecting possible current valuations.
If the management of Titan will not directly state this as a fact then it is a rumor which we are quite happy to share. We are sure that it upsets you that possible Titans assets are increasing in value.

Thanks. The Baron