Replies to post #17 on BankRate, Inc. (RATE)

[BullNBear52]

You're correct. The prior periods losses can offset future earnings. I happen to own a POS that has $89MM worth of tax losses.

[Churak]

I read that to say that the company has a deficit ie accumulated losses. They showed net earnings of $1.325 mil and paid no taxes cause of accumulated tax losses. Somewhere there should be a note ie in the last annual report of what the tax loss carry forwards are & when then expire.