View Pit Stop page for race #140 by zexcel — Ghost race
View profile for Justin (zexcel)
| Official speed | 87.71 wpm (112.46 seconds elapsed during race) |
|---|---|
| Race Start | August 9, 2021 12:58:04am UTC |
| Race Finish | August 9, 2021 12:59:56am UTC |
| Outcome | No win (4 of 5) |
| Opponents |
1. bloodyducks (107.15 wpm) 2. ficxjo (99.92 wpm) 3. thenietnart (96.02 wpm) 5. omegaman (80.51 wpm) |
| Accuracy | 97.0% |
| Points | 198.80 |
| 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. |