Australian David Linton financed his engineering degree by share dealing. After graduating, he launched Updata in 1991 to sell the type of information that had made his amateur trading successful. For an annual fee of £1,000, small investors use Updata’s software to track share prices and obtain data on companies. Sales have increased 107% a year from £524,000 in 1999 to £2.2m in 2001, when the company made a small loss.
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