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Talk of the bay
Bullish bluster leads to quick split
By HELEN HUNTLEY
Published January 16, 2006
The partnership between the Harry S. Dent Organization and High Street Financial didn't last as long as a celebrity marriage. High Street, a Tampa money manager, acquired the Dent organization last year to beef up its research. Now the two groups have separated.
The catalyst for the breakup apparently was a Times article about Harry Dent, author of best-selling books and maker of outlandish stock market predictions (he forecasts the Dow Jones Industrial Average will hit 14,000 or 15,000 by late summer). High Street founder John Bartoletta was angry that the newspaper story focused on Dent rather than on High Street's money management, which Bartoletta directs.
In the aftermath, Dent's organization moved out of High Street's office to new digs in north Tampa.
"I have no official comment," Bartoletta said last week. "The unwinding isn't complete."
[Last modified January 13, 2006, 17:43:02]
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