View Pit Stop page for race #184 by elregalo — Ghost race
View profile for Jeff (elregalo)
Official speed | 102.59 wpm (96.15 seconds elapsed during race) |
---|---|
Race Start | April 13, 2023 12:47:34am UTC |
Race Finish | April 13, 2023 12:49:10am UTC |
Outcome | No win (2 of 4) |
Opponents |
1. sierra05 (118.62 wpm) 3. matthew_hall2 (99.71 wpm) |
Accuracy | 99.0% |
Points | 232.54 |
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. |