decompose (decompose)

Race #1071

View Pit Stop page for race #1071 by decomposeGhost race

View profile for decompose (decompose)

Official speed 169.88 wpm (58.06 seconds elapsed during race)
Race Start June 26, 2021 8:23:31am UTC
Race Finish June 26, 2021 8:24:29am UTC
Outcome Win (1 of 2)
Opponents 2. fightin_phils (134.93 wpm)
Accuracy 98.0%
Points 385.06
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.