	talking point caesars world caw mts uisition corp s dlr per share offering price for caesars world inc is thought to be much too low and is likely to attract other suitors for the hotel casino company industry analysts said i think someone else will probably come in or they mts will have to raise their bid said marvin roffman an analyst at janney montgomery scott inc mts a company formed by martin sosnoff caesars world s largest shareholder today began a tender offer valued at mln dlrs for all shares sosnoff doesn t already own i think the offer is too low by at least five points said roffman who described caesars world as the operator of one of the finest casinos in the world sosnoff a new york investor already owns pct of caesars world s mln shares following news of the tender offer caesars world s shares were trading at up a caesars world spokesman said the company was declining comment on the sosnoff move for the moment but caesars may issue a public statement after it has studied the offer roffman said caesars world has considerable growth potential and he is forecasting fiscal earnings of two dlrs per share caesars world owns casino hotels in nevada and honeymoon resorts in pennsylvania s pocono mountains it also controls caesars new jersey inc cjn which owns an atlantic city n j casino hotel for its fiscal year ended july caesars world reported net income of mln dlrs or dlrs per primary share the company reported second quarter net income of mln dlrs or cts per share compared with income of mln dlrs or cts per share a year earlier daniel lee an analyst at drexel burnham lambert inc said that although sosnoff s relatively low bid may attract other suitors willing to pay a higher price for caesars there is little likelihood that a competing bid would start a battle for the company 
