View Pit Stop page for race #29 by agvmosli — Ghost race
View profile for mosli (agvmosli)
Official speed | 94.55 wpm (104.33 seconds elapsed during race) |
---|---|
Race Start | March 5, 2021 10:08:44pm UTC |
Race Finish | March 5, 2021 10:10:28pm UTC |
Outcome | Win (1 of 5) |
Opponents |
2. spammaam (83.86 wpm) 3. bongo13 (83.66 wpm) 4. ashbel_g (71.16 wpm) 5. lenny8 (58.39 wpm) |
Accuracy | 97.0% |
Points | 214.32 |
Text | #754 (Length: 822 characters) Dozens of companies, even those that had little or nothing to do with the Net, changed their names to include web-oriented designations such as dot.com, dotnet, or Internet. Three researchers from Purdue University, M. Cooper, D. Dimitrov, and P. R. Rau, studied sixty-three companies that changed their names in 1998 and 1999 to include some web orientation. Measuring the price change of the companies from five days prior to a name change (when word of the change began to leak out) to five days after the change was announced, they confirmed a remarkable effect. Companies that changed their names enjoyed an increase in price during that ten-day period that was 125 percent greater than that of their peers. This price increase occurred even when the company's core business had nothing whatsoever to do with the Net. |