L. Barry Teague, a new Post director named in February and previously believed to be allied with former company chair John A. Williams in his proxy battle with Post, joined chairman Robert C. Goddard III and president/CEO David P. Stockert in a meeting with New York analysts this week. Williams is expected to name a new ally in the next day or two.

Williams had planned to name Teague to a new Strategic Planning Committee if he won the proxy fight. Williams' proxy information to shareholders recommends they reappoint Teague as a director. If victorious, Williams has said in previous SEC filings that he would immediately oust Goddard and Stockert.

Meanwhile, new charges, accusations and information demands are being posted daily by Williams and directors of the 32-year-old, locally based apartment-developing REIT. Williams, 60, wants to regain control of the company he founded in 1971. He resigned July 1, 2002 after a bitter battle with fellow directors over the company's management policies.

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