There's been so much gossip about BankAmerica Corp. and its transition to a new chief executive that it's easy to forget the company is at one of the most stable points in its history.

A sampling of the rumors and speculation over the past 12 months: that retiring chairman Richard M. Rosenberg may be secretly trying to craft a merger with NationsBank Corp.; that he may be so enamored of his job that he will be unwilling to give total control to his nice-guy successor, David A. Coulter; and that some key executives may be so mad about being passed over for promotions that a brain drain is imminent.

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