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
-> Visit the Clinton Presidential Library at:
<http://bop.library.net>
-----Original Message-----
From: David Woyciesjes [mailto:DAW@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@yale.edu
--- (203) 432-0953
--- ICQ # - 905818