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Racer Zaid (fastzaid)
Race Number 219
Date Sun, 30 Mar 2025 23:24:26 +0000
Speed 82 WPM Try to beat?
Accuracy 96.8%
Rank 3rd place (out of 4)
Opponents drnoobus (1st place) zoat (2nd place)

Text typed:

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.
A Random Walk Down Wall Street (book) by Burton G. Malkiel (see stats)

Typing Review:

Race text:
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.
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Analysis:
Mistakes:
  1. Dozens
  2. to
  3. do
  4. changed
  5. designations
  6. dot.com,
  7. dotnet,
  8. researchers
  9. Purdue
  10. M.
  11. sixty-three
  12. 1999
  13. orientation.
  14. price
  15. of
  16. five
  17. of
  18. leak
  19. days
  20. announced,
  21. confirmed
  22. an
  23. increase
  24. period
  25. peers.
  26. occurred
  27. when
  28. with