2 Amendment # 4 to SCHEDULE 13D filed on November 17, 2003 DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT NA 1. NAME OF REPORTING PERSON Opportunity Partners L.P. 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ________________________________________________________________ 7. SOLE VOTING POWER NA 8. SHARED VOTING POWER NA 9. SOLE DISPOSITIVE POWER NA________________________________________________________ 10. SHARED DISPOSITIVE POWER NA 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON NA (Less than 5%) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] 13. PERCENT OF CLASS REPRESENTED BY ROW 11 NA 14. TYPE OF REPORTING PERSON IA ________________________________________________________________ ITEM 4. PURPOSE OF TRANSACTION Item 4 is amended as follows: We have submitted a proposal to the Company requesting that an investment banking firm be engaged to evaluate alternatives to maximize stockholder value including a sale of the Company. We have notified the Company that we will bring an action for declaratory and injunctive relief if our proposal is not included in the Company's proxy materials. (Exhibit 1) ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Item 7 is amended as follows: Exhibit 1: Letter to Board of Directors After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: 3/15/2004 By: /s/ Phillip Goldstein Name: Phillip Goldstein Exhibit 1. Opportunity Partners L.P. 60 Heritage Drive, Pleasantville, NY 10570 (914) 747-5262 // Fax: (914) 747-5258 oplp@optonline.net March 11, 2004 Gentlemen: As you may know, we submitted the following proposal (and a supporting statement) pursuant to Rule 14a-8 of the Securities Exchange Act of 1934 for inclusion in BKF's proxy statement for the next annual meeting of stockholders or any earlier meeting. RESOLVED: The stockholders request that an investment banking firm be engaged to evaluate alternatives to maximize stockholder value including a sale of the Company. A member of the staff of the Division of Corporation Finance of the Securities and Exchange Commission has indicated that the Division will not recommend enforcement action if our proposal is not included in BKF's proxy materials because it allegedly relates to "ordinary business operations." However, we believe there is no basis to exclude the proposal, and will bring an action for declaratory and injunctive relief if our proposal is not included. Consequently, we request that you advise us as soon as possible if our proposal will not be included in BKF's proxy materials and, in any event, before they are printed and mailed, so that BKF does not incur unnecessary costs of revising its proxy materials to include our proposal. We have attempted to contact BKF's management and BKF's counsel to discuss this matter but our telephone messages have not been returned. Very truly yours, Phillip Goldstein President Kimball & Winthrop, Inc. General Partner