Why did CompUSA stop selling gift certificates?
Perhaps instead of putting the sales proceeds from the gift certificates in
escrow, they invested the funds in a Risky Scheme. They then become "unfunded
liabilities" (which is what accountants call them) if the money behind the gift
certificates is lost.
Keep an eye on the Security & Exchange Commission's EDGAR for any CompUSA
filings, indicating any material change.
http://www.sec.gov/edgar/searchedgar/webusers.htm
Cheers!
Dan
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http://bop.library.net>
>-----Original Message-----
>From: David Woyciesjes [mailto:DAW_at_yalepress3.unipress.yale.edu]
>Sent: Tuesday, October 30, 2001 2:52 PM
>Subject: OT: Question for American Subscribers...
>
>
> Why would a large computer retailer (CompUSA) stop selling gift
>certificates at this time of year? Might CompUSA be going titsup.com?
>
>--- David A Woyciesjes
>--- C & IS Support Specialist
>--- Yale University Press
>--- mailto:david.woyciesjes_at_yale.edu
>--- (203) 432-0953
>--- ICQ # - 905818
>
Received on Tue Oct 30 2001 - 13:59:13 GMT