While NationsBank Corp.'s brokerage alliance with Dean Witter Financial Services Inc. is widely viewed as a clever strategy, some wonder if the bank might have gotten a better deal.

NationsBank sees the joint venture, under which stocks, bonds, and mutual funds will be sold from its lobbies, as a quick way to tap the growing market for investment services. Its bank-bred brokerage force will get a crash course from Dean Witter in the fast-paced culture of Wall Street sales.

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