Metris Receivables Inc Watch

from 8-K ~50 pages Metris Receivables, Inc. Transferor Direct Merchants Credit Card Bank, National Association Servicer and U.S. Bank National Association Trustee on Behalf of the Series 2004-2 Securityholders Series 2004-2 Supplement Dated as of November 5, 2004 to Second Amended and Restated Pooling and Servicing Agreement Dated as of January 22, 2002 Metris Master Trust $335,800,000 Floating Rate Asset Backed Securities, Series 2004-2, Class a $75,400,000 Floating Rate Asset Backed Securities, Series 2004-2, Class M $83,000,000 Floating Rate Asset Backed Securities, Series 2004-2, Class B $260,516,000 Excess Collateral, Series 2004-2