SCHEDULE 13DA
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
2/14/05
1. NAME OF REPORTING PERSON
Opportunity-Santa Monica Group
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
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
See below
8. SHARED VOTING POWER
See below
9. SOLE DISPOSITIVE POWER
See below
________________________________________________________________
10. SHARED DISPOSITIVE POWER
See below
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
685,600
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES []
________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
8.43%
14. TYPE OF REPORTING PERSON
IA
________________________________________________________________
1. NAME OF REPORTING PERSON
Phillip Goldstein
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
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
123,150
8. SHARED VOTING POWER
6,400
9. SOLE DISPOSITIVE POWER
339,100_______________________________________________________
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
339,100
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES []
________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
4.17%
14. TYPE OF REPORTING PERSON
IA
________________________________________________________________
1. NAME OF REPORTING PERSON
Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
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
38,800
8. SHARED VOTING POWER
0
9. SOLE DISPOSITIVE POWER
38,800_______________________________________________________
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
38,800
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES []
________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
.48%
14. TYPE OF REPORTING PERSON
IA
________________________________________________________________
1. NAME OF REPORTING PERSON
Santa Monica Partners Opportunity Fund L.P., Santa Monica
Partners L.P., Santa Monica Partners Asset Management LLC, SMP
Asset Management LLC and Lawrence J. Goldstein.
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
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
0
8. SHARED VOTING POWER
0
9. SOLE DISPOSITIVE POWER
307,700
_________________________________________________________
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
307,700
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES []
13. PERCENT OF CLASS REPRESENTED BY ROW 11
3.78%
14. TYPE OF REPORTING PERSON
IA
This statement constitutes amendment No.2 to the Schedule 13D
filed on June 15, 2004. Except as specifically set forth
herein,the Schedule 13D remains unmodified.
Item 5 is amended as follows:
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
a. As per the quarterly report for the quarter ended March 31,
2004 there were 8,129,718 shares of BL outstanding. The
percentage set forth in this item (5a) was derived using such
number.
Mr. Phillip Goldstein is deemed to be the beneficial owner of
339,100 shares of BL or 4.17% of the outstanding shares. Mr.
Dakos is deemed to be the beneficial owner of 38,800 shares of BL
or .48% of the outstanding shares. Mr. Lawrence J. Goldstein is
deemed to be the owner of 307,700 shares of BL or 3.78% of the
outstanding shares.
b. Power to dispose of securities resides solely with Mr. Phillip
Goldstein for 339,100 shares. Power to vote securities resides
solely with Mr. Phillip Goldstein for 123,150 shares and jointly
for 6,400 shares. Power to dispose and vote securities resides
solely with Mr. Dakos for 38,800 shares. Power to dispose of
securities resides solely with Mr. Lawrence J. Goldstein for
307,700 shares.
c. During the last sixty days the following shares of common
stock were purchased (sold):
Phillip Goldstein
Trade Date
2/17/05 6000 @ 34.45
2/15/05 6000 @ 34.5
2/14/05 9900 @ 34.9399
1/12/05 700 @ 35.95
1/10/05 14600 @ 36.1
1/7/05 8600 @ 36.1
Andrew Dakos
Trade Date
2/14/05 100 @ 34.75
1/21/05 400 @ 36.1
1/11/05 2000 @ 36.08
1/10/05 500 @ 36
1/4/05 2000 @ 35.8
1/3/05 800 @ 35.395
Lawrence J. Goldstein
Trade Date
2/15/05 1000 @ 34.5
2/10/05 (3900) @ 38.21
1/28/05 1900 @ 38.44
1/13/05 3900 @ 36.18
d. Beneficiaries of accounts managed by Mr. Phillip Goldstein,
Mr. Dakos and Mr. Lawrence J. Goldstein are entitled to receive
any dividends or sales proceeds.
e. NA
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: 2/22/05
By: /s/ Phillip Goldstein
Name: Phillip Goldstein
By: /s/ Lawrence J. Goldstein
Name: Lawrence J. Goldstein
By: /S/ Andrew Dakos
Name: Andrew Dakos