Merger speculation boosted the stock of NationsBank Corp. and BankAmerica Corp. early Monday, but interest waned as analysts expressed skepticism that a deal was imminent.

By early afternoon, NationsBank shares were at $70.575, up 75 cents but off the morning high of $71.75. Shares of BankAmerica were up $1.125 to $63.75, after trading as high as $64.625 after the opening bell.

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