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Political tongues are wagging over bus signs on display for State Sen. Anthony M. Masiello.

But the Buffalo Democrat denies the signs are the harbinger of a campaign for higher office in the immediate future.

"It's just my way of thanking my supporters and wishing them well for the holiday season," explained Masiello, who was re-elected in November to a sixth two-year term in the Senate.

The signs, which have been on 25 Metro buses for most of December as paid advertising, display Masiello's picture, his name and this message: "Holiday wishes of peace and happiness. Thank you for your support."

Because of the bus signs, Masiello said he has been asked if he's planning to run for county executive in 1991, Congress in 1992 or mayor of Buffalo in 1993.

Masiello said he will support County Executive Gorski, a Democrat who is expected to run for re-election next year.

The senator lives in the congressional district of Rep. Henry J. Nowak, D-Buffalo. Masiello described Nowak is an "outstanding congressman who should be returned to office in 1992."

But if Nowak doesn't run again, Masiello said: "Certainly, I would be interested in the congressional seat."

In 1989, Masiello was favored to win the Democratic endorsement for mayor. But party leaders bypassed Masiello in favor of Assemblyman William B. Hoyt.

Mayor Griffin defeated Hoyt and Wilbur P. Trammell in the Democratic primary, and Griffin went on to win a fourth term in the general election.

Masiello declined to speculate about running for mayor in 1993. But he admitted, "it's a very intriguing possibility."

The mayor, for his part, has declined to rule out running against Gorski for the Democratic nomination for county executive.

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