  Fourteen stars from a sample of Magellanic Cloud objects selected to have a
mid-infrared flux excess have been found to also show TiO bands in emission.
The mid-infrared dust emission and the TiO band emission indicate that these
stars have large amounts of hot circumstellar dust and gas in close proximity
to the central star. The luminosities of the sources are typically several
thousand L_sun while the effective temperatures are 4000-8000 K. Such stars
could be post-AGB stars of mass 0.4-0.8 M_sun or pre-main-sequence stars (young
stellar objects) with masses of 7-19 M_sun. If the stars are pre-main-sequence
stars, they are substantially cooler and younger than stars at the birth line
where Galactic protostars are first supposed to become optically visible out of
their molecular clouds. They should therefore be hidden in their present
evolutionary state. The second explanation for these stars is that they are
post-AGB or post-RGB stars that have recently undergone a binary interaction
when the red giant of the binary system filled its Roche lobe. Being
oxygen-rich, they have gone through this process before becoming carbon stars.
Most of the stars vary slowly on timescales of 1000 days or more suggesting a
changing circumstellar environment. Apart from the slow variations, most stars
also show variability with periods of tens to hundreds of days. One star shows
a period that is rapidly decreasing and we speculate that this star may have
accreted a large blob of gas and dust onto a disk whose orbital radius is
shrinking rapidly. Another star has Cepheid-like pulsations of rapidly
increasing amplitude suggesting a rapid rate of evolution. Seven stars show
quasi-periodic variability and one star has a light curve similar to that of an
eclipsing binary.
