Dow Jones Writes Down Balance Of Preferred Share Investment In Bridge

EARNINGS REPORT

NEW YORK: Dow Jones & Co. reported operating profits of $121.5 million for the fourth quarter of 2000. But the company also wrote down the rest of its non-core investments in Bridge Information Systems ($84.1 million) and Optimark Technologies ($12.1 million). Dow Jones' equity in the losses of Factiva (the joint venture with Reuters), Smart Money (the magazine joint venture with Hearst) and Work.com totaled $4.7 million.

According to a Dow Jones spokesperson, Dow Jones continues to evaluate

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