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Racer JGB (jgb000)
Race Number 51016
Date Wed, 2 Apr 2025 08:23:34 +0000
Speed 74 WPM Try to beat?
Accuracy 96.5%
Rank 3rd place (out of 4)
Opponents cristicatalan (4th place) spidergrass (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. with
  2. their
  3. include
  4. web-oriented
  5. dot.com,
  6. dotnet,
  7. Internet.
  8. researchers
  9. Cooper,
  10. Dimitrov,
  11. P.
  12. their
  13. 1999
  14. to
  15. orientation.
  16. the
  17. (when
  18. was
  19. Companies
  20. that
  21. their
  22. period
  23. 125
  24. than
  25. their
  26. peers.
  27. occurred