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Racer spidergrass (spidergrass)
Race Number 11084
Date Wed, 2 Apr 2025 08:23:18 +0000
Speed 84 WPM Try to beat?
Accuracy 97.3%
Rank 2nd place (out of 4)
Opponents cristicatalan (4th place) jgb000 (3rd 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.
Time:
0:00
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Typing replay:
Analysis:
Mistakes:
  1. those
  2. dot.com,
  3. University,
  4. M.
  5. Dimitrov,
  6. include
  7. Measuring
  8. out)
  9. five
  10. Companies
  11. that
  12. ten-day
  13. that
  14. 125
  15. percent
  16. business
  17. whatsoever
  18. with
  19. the