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Metris Grows, Ramps Up, Considers 4th Quarter Deal

Further evidence of the buyside's fearlessness about Y2K may spur credit-card issuer Metris Co. to issue an asset-backed deal in the fourth quarter, as the St. Louis-based company has recently received several reverse inquiries from investors with money to spend.

Paul Runice, treasurer at Metris, said good market technicals...

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