Ariscottle (ariscottle3106)

Race #1970

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Official speed 73.95 wpm (133.39 seconds elapsed during race)
Race Start October 28, 2021 11:32:58pm UTC
Race Finish October 28, 2021 11:35:11pm UTC
Outcome Win (1 of 5)
Opponents 2. chuiicdhk (66.79 wpm)
3. janisl1993 (63.46 wpm)
4. juanmartinez111 (63.27 wpm)
Accuracy 96.0%
Points 167.62
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.