View Pit Stop page for race #6409 by spammaam — Ghost race
View profile for themommajeans (spammaam)
Official speed | 96.28 wpm (102.45 seconds elapsed during race) |
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Race Start | September 6, 2023 5:09:44pm UTC |
Race Finish | September 6, 2023 5:11:26pm UTC |
Outcome | Win (1 of 4) |
Opponents |
2. daniluvs2swim (94.41 wpm) 3. racen55 (92.28 wpm) 4. straightupluck (91.62 wpm) |
Accuracy | 98.0% |
Points | 218.24 |
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. |