INVESTOR DISAPPOINTED AT CAESARS <CAW> RESPONSE Investor Martin Sosnoff said in a statement that he was disappointed in Caesars World Inc's response to his 28 dlrs a share offer to buy the company. The company had said the offer was inadequate and that it was exploring restructuring or sale of the company to another party. Sosnoff said he believes the offer is fair to all shareholders. "My primary desire is still to sit down with management to negotiate a friendly acquisition," he said.