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Assuming the recently announced acquisition of the Fingerhut Inc. credit card portfolio by CompuCredit Corp. goes through, the subprime lender is likely to let the outstanding ABS wind down. the catalogue is being purchased by a firm headed by Fingerhut's former CEO, notes Barclays Capital ABS analyst Juliet Jones. While there is some risk of early amortization due to the fact that no new receivables may be added to the trust, Jones notes that enhancement should be sufficient.