While the rest of the market soared Tuesday, shares of NationsBank Corp. and Barnett Banks Inc. slipped in reaction to the banks' merger agreement.

Investors were faced by a stream of bulletins from Wall Street. Analysts were divided on how soon the deal would pay off for investors, but most lowered their 1998 earnings estimates for NationsBank, which is paying a record $15.5 billion for Barnett's big Florida franchise.

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