View Pit Stop page for race #16784 by anson001 — Ghost race
View profile for name (anson001)
Official speed | 88.74 wpm (111.16 seconds elapsed during race) |
---|---|
Race Start | April 20, 2022 2:18:05am UTC |
Race Finish | April 20, 2022 2:19:56am UTC |
Outcome | No win (2 of 3) |
Opponents |
1. kahow (129.66 wpm) |
Accuracy | 96.0% |
Points | 201.14 |
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. |