View Pit Stop page for race #127 by butanebutton — Ghost race
View profile for butane (butanebutton)
Official speed | 73.57 wpm (134.08 seconds elapsed during race) |
---|---|
Race Start | January 3, 2022 2:36:00am UTC |
Race Finish | January 3, 2022 2:38:14am UTC |
Outcome | No win (3 of 5) |
Opponents |
1. 2001or2 (99.56 wpm) 4. sov_ (66.88 wpm) |
Accuracy | 96.0% |
Points | 166.75 |
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. |