Edgar Filing: BARINGTON CAPITAL GROUP L P

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
(Rule 13d-101)

(Amendment No. 2)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

Dynabazaar, Inc.
----------------
(Name of Issuer)

Common Stock, $.001 par value
-----------------------------
(Title of Class of Securities)

305158107
---------
(CUSIP Number)

Mr. James Mitarotonda
c/o Barington Capital Group, L.P.
888 Seventh Avenue, 17th Floor
New York, N.Y. 10019
(212) 974-5700
--------------
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)

December 31, 2003
-----------------
(Date of Event Which Requires Filing
of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f), or 13d-1(g), check the following
box: |_|.

SCHEDULE 13D

CUSIP No. 305158107
-------------------

1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Barington Companies Equity Partners, L.P. 13-4088890
-------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |x|
(b) |_|
--------------------------------------------------------------------------------
3) SEC USE ONLY

--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC OO
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) |_|
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 648,890
SHARES -------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY none
EACH -------------------------------------------------------
REPORTING 9) SOLE DISPOSITIVE POWER
PERSON 648,890
WITH -------------------------------------------------------
10) SHARED DISPOSITIVE POWER
none
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
648,890
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.4%
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------

SCHEDULE 13D

CUSIP No. 305158107
-------------------

1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ramius Capital Group, LLC 13-3937658
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |x|
(b) |_|
-------------------------------------------------------------------------------
3) SEC USE ONLY

-------------------------------------------------------------------------------
4) SOURCE OF FUNDS
OO
-------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) |_|
-------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 313,695
SHARES -------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY none
EACH -------------------------------------------------------
REPORTING 9) SOLE DISPOSITIVE POWER
PERSON 313,695
WITH -------------------------------------------------------
10) SHARED DISPOSITIVE POWER
none
-------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
313,695
-------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.2%
-------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
OO
-------------------------------------------------------------------------------

SCHEDULE 13D

CUSIP No. 305158107
-------------------

1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ramius Halifax Partners, L.P. 98-01976232
-------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |x|
(b) |_|
--------------------------------------------------------------------------------
3) SEC USE ONLY

--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) |_|
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 313,695
SHARES ------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY none
EACH ------------------------------------------------------
REPORTING 9) SOLE DISPOSITIVE POWER
PERSON 313,695
WITH ------------------------------------------------------
10) SHARED DISPOSITIVE POWER
none
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
313,695
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.2%
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------

SCHEDULE 13D

CUSIP No. 305158107
-------------------

1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MM Companies, Inc. 54-1811721
-------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |x|
(b) |_|
--------------------------------------------------------------------------------
3) SEC USE ONLY

--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC OO
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) |_|
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 627,890
SHARES -------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY none
EACH -------------------------------------------------------
REPORTING 9) SOLE DISPOSITIVE POWER
PERSON 627,890
WITH -------------------------------------------------------
10) SHARED DISPOSITIVE POWER
none
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
627,890
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.3%
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------

Introduction. This Amendment No. 2 amends and supplements the
Schedule 13D, dated February 25, 2002 (the "Schedule 13D"), filed with the
Securities and Exchange Commission by JHC Investment Partners, LLC ("JHC"), MM
Companies, Inc., formerly known as musicmaker.com, Inc. ("MM Companies"),
Jewelcor Management, Inc. and Barington Companies Equity Partners, L.P., with
respect to the common stock, $.001 par value (the "Common Stock") of Dynabazaar,
Inc., a Delaware corporation, formerly known as Fairmarket, Inc. (the
"Company"). The principal executive offices of the Company are located at 500
Unicorn Park Drive, Woburn, Massachusetts 01801.

Item 2(a) - (c) of Schedule 13D, "Identity and Background" is
deleted in its entirety and replaced with the following:

(a) - (c) This Schedule 13D is being filed by Barington Companies Equity
Partners, L.P., Ramius Capital Group, LLC, Ramius Halifax Partners, L.P. and MM
Companies, Inc. (collectively, the "Reporting Entities").

Barington Companies Equity Partners, L.P. is a Delaware limited
partnership formed to engage in the business of acquiring, holding and disposing
of investments in various companies. The address of the principal business and
principal offices of Barington Companies Equity Partners, L.P. is 888 Seventh
Avenue, 17th Floor, New York, New York 10019.

The general partner of Barington Companies Equity Partners, L.P. is
Barington Companies Investors, LLC. Barington Companies Investors, LLC is a
Delaware limited liability company formed to be the general partner of Barington
Companies Equity Partners, L.P. The address of the principal business and
principal offices of Barington Companies Investors, LLC is 888 Seventh Avenue,
17th Floor, New York, New York 10019. James Mitarotonda is the managing member
of Barington Companies Investors, LLC. The business address of Mr. Mitarotonda
is c/o Barington Capital Group, L.P., 888 Seventh Avenue, 17th Floor, New York,
New York 10019.

Ramius Capital Group, LLC is a Delaware limited liability company that is
engaged in money management and investment advisory services for third parties
and proprietary accounts. The address of the principal business and principal
offices of Ramius Capital Group, LLC is 666 Third Avenue, 26th Floor, New York,
New York 10017.

The Managing Member of Ramius Capital Group, LLC is C4S, LLC, a Delaware
limited liability company formed to be the managing member of Ramius Capital
Group, LLC. The address of the principal business and principal offices of C4S,
LLC is 666 Third Avenue, 26th Floor, New York, New York 10017. Each of Peter A.
Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss is a managing
member of C4S, LLC. The business address of each of Messrs. Cohen, Stark,
Solomon and Strauss is 666 Third Avenue, 26th Floor, New York, New York 10017.

Ramius Halifax Partners, L.P. is a Delaware limited partnership that is
engaged in investing in a multi-strategy portfolio. The address of the principal
business and principal offices of Ramius Halifax Partners, L.P. is 666 Third
Avenue, 26th Floor, New York, New York

10017. The general partner of Ramius Halifax Partners, L.P. is Ramius Capital
Group, LLC, which is discussed above.

MM Companies, Inc. is a Delaware corporation that was formerly engaged in
the business of marketing customized compact discs over the internet and is
presently exploring alternative business opportunities. The address of the
principal business and principal offices of MM Companies, Inc. is c/o Barington
Capital Group, L.P., 888 Seventh Avenue, 17th Floor, New York, New York 10019.
The officers and directors of MM Companies, Inc. and their principal occupations
and business addresses are set forth on Schedule II and incorporated by
reference in this Item 2.

Item 4 of the Schedule 13D, "Purpose of the Transaction," is amended
by adding the following:

As of December 31, 2003, JHC Investment Partners, LLC determined to
distribute pro rata to the members of JHC all of the Common Stock of the Company
held by JHC, in the following amounts:

Name # of Shares
---- -----------
Barington Companies Equity Partners, L.P. 627,390
Ramius Capital Group, LLC 313,695
Ramius Halifax Partners, L.P. 313,695
Jewelcor Management, Inc. 627,390
MM Companies, Inc. 627,390
Wynnefield Partners Small Cap Value, L.P. 198,067
Wynnefield Partners Small Cap Value, L.P. 1 285,024
Wynnefield Small Cap Value Offshore Fund, Ltd. 144,299
UV Equities LLC 348,550

Following such distribution, Barington Companies Equity Partners, L.P.,
Ramius Capital Group, LLC, Ramius Halifax Partners, LLC and MM Companies, but
not Jewelcor Management, Inc., Wynnefield Partners Small Cap Value, L.P.,
Wynnefield Partners Small Cap Value, L.P. 1, Wynnefield Small Cap Value
Offshore Fund, Ltd. and UV Equities LLC, may continue to act together for the
purpose of acquiring, holding or disposing of Common Stock of the Company,
and accordingly may be deemed to constitute a "group" for purposes of Section
13(d) of the Securities Exchange Act of 1934 and the rules thereunder.
Inclusion of Jewelcor Management, Inc., Wynnefield Partners Small Cap Value,
L.P., Wynnefield Partners Small Cap Value, L.P. 1, Wynnefield Small Cap Value
Offshore Fund, Ltd. and UV Equities LLC in any such group is expressly
disclaimed.

Item 5(a) of the Schedule 13D, "Interest in Securities of the
Issuer," is deleted in its entirety and replaced with the following:

(a) As of the date hereof, the Reporting Entities own an aggregate of
1,904,170 shares of Common Stock, representing approximately 7.0% of the
outstanding shares of Common Stock based upon the 27,049,744 shares of Common
Stock reported by the Company to be issued and

outstanding as of November 12, 2003 in its Quarterly Report on Form 10-Q for the
quarter ended September 30, 2003.

As of the date hereof, Barington Company Equities Partners, L.P.
beneficially owns an aggregate of 648,890 shares of Common Stock, representing
approximately 2.4% of the outstanding shares of Common Stock.

As of the date hereof, Ramius Capital Group, LLC beneficially owns an
aggregate of 313,695 shares of Common Stock, representing approximately 1.2% of
the outstanding shares of Common Stock.

As of the date hereof, Ramius Halifax Partners, L.P. beneficially owns an
aggregate of 313,695 shares of Common Stock, representing approximately 1.2% of
the outstanding shares of Common Stock.

As of the date hereof, MM Companies beneficially owns an aggregate of
627,890 shares of Common Stock, representing approximately 2.3% of the
outstanding shares of Common Stock.

Item 7 of the Schedule 13D, "Materials to be Filed as Exhibits," is
amended by adding the following:

4. Agreement of Joint Filing among Barington Companies Equity Partners,
L.P., Ramius Capital Group, LLC, Ramius Halifax Partners, LLC and MM
Companies, Inc., and dated January 23, 2004.

5. Letter dated November 19, 2003 from Barington Capital Group, L.P. to
Goodwin Procter & Hoar.

Schedule II of the Schedule 13D, "Directors and Officers of
musicmaker.com, Inc." is deleted in its entirety and replaced with the
following:

SCHEDULE II

Directors and Officers of MM Companies, Inc.

Name and Position Principal Occupation Principal Business Address
----------------- -------------------- --------------------------

James A. Mitarotonda, Chairman and Chief c/o Barington Capital Group, L.P.
President, Chief Executive Officer, 888 Seventh Avenue, 17th Floor
Executive Officer and Barington Capital New York, New York 10019
Director Group, L.P.

Jesse Choper, Professor of Public Univ. of California Law School
Director Law, University of Boalt Hall
California at Berkeley Berkeley, California 94720
School of Law

Seymour Holtzman, Chairman and Chief 100 North Wilkes Barre Blvd.
Chairman Executive Officer, Wilkes Barre, Pennsylvania 18702
Jewelcor Management, Inc.

William J. Fox, Chairman and Chief 1700 Broadway, Suite 2200
Director Executive Officer, New York, New York 10019
Arcade Marketing Inc.

Joseph Wright, Jr., President & Chief 20 Westport Road
Director Executive Officer, Wilton, Connecticut 06897
PanAmSat Corp.

Melvin Brunt, Chief Financial Officer c/o Barington Capital Group, L.P.
Chief Financial Officer Barington Capital 888 Seventh Avenue, 17th Floor
Group, L.P. New York, New York 10019

SIGNATURES
----------

After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certify that the information set forth in this
Schedule 13D--Amendment No. 2 is true, complete and correct.

Dated: January 23, 2004

BARINGTON COMPANIES EQUITY PARTNERS, L.P.
By Barington Companies Investors, LLC, its
general partner

By /s/ James A. Mitarotonda
----------------------------------
Name: James A. Mitarotonda
Title: Manager

RAMIUS CAPITAL GROUP, LLC

By /s/ Jeffrey M. Solomon
----------------------------------
Name: Jeffrey M. Solomon
Title: Authorized Signatory

RAMIUS HALIFAX PARTNERS, LLC

By /s/ Jeffrey M. Solomon
---------------------------------
Name: Jeffrey M. Solomon
Title: Authorized Signatory

MM COMPANIES, INC.

By /s/ James A. Mitarotonda
---------------------------------
Name: James A. Mitarotonda
Title: President and Chief Executive Officer

EXHIBIT 4

Agreement of Joint Filing

Pursuant to Rule 13d-1(f) promulgated under the Securities Exchange
Act of 1934, as amended, the undersigned persons hereby agree to file with the
Securities and Exchange Commission the Statement on Schedule 13D (the
"Statement") to which this Agreement is attached as an exhibit, and agree that
such Statement, as so filed, is filed on behalf of each of them.

IN WITNESS WHEREOF, the undersigned have executed this Agreement.

Dated: January 23, 2004

BARINGTON COMPANIES EQUITY PARTNERS, L.P.
By Barington Companies Investors, LLC, its
general partner

By /s/ James A. Mitarotonda
-----------------------------------
Name: James A. Mitarotonda
Title: Manager

RAMIUS CAPITAL GROUP, LLC

By /s/ Jeffrey M. Solomon
----------------------------------
Name: Jeffrey M. Solomon
Title: Authorized Signatory

RAMIUS HALIFAX PARTNERS, LLC

By /s/ Jeffrey M. Solomon
---------------------------------
Name: Jeffrey M. Solomon
Title: Authorized Signatory

MM COMPANIES, INC.

By /s/ James A. Mitarotonda
---------------------------------
Name: James A. Mitarotonda
Title: President and Chief Executive Officer

EXHIBIT 5

Barington Capital Group

November 19, 2003

Goodwin Procter & Hoar
53 State Street
Boston, MA 02109
Attn: Mr. Jonathan Dinwoodey

Re: Shares of FAIM (Fairmarket, Inc.) owned by JHC Investment Partners LLC

Dear Jon:

As previously discussed, please break up the shares currently held by JHC
Investment Partners LLC in the following lots:

Barington Companies Equity Partners, LP 627,390
Ramius Capital Group, LLC 313,695
Ramius Halifax Partners, LP 313,695
Jewelcor Management Inc. 627,390
MM Companies Inc. 627,390
Wynnefield Partners Small Cap Value, LP 198,067
Wynnefield Partners Small Cap Value, LP 1 285,024
Wynnefield Small Cap Value Offshore Fund, Ltd. 144,299
UV Equities LLC 348,550

Total Shares 3,485,500

It is understood that these new lot's will continue to carry restrictive legend.
Please forward all certificates for the new lots to Barington Capital Group, LP
at 888 Seventh Avenue 17th Floor, New York, NY 10019 Attn: Clark D. Ruiz II.
Should you have any further questions, feel free to contact me at 212.974.5714.

Sincerely,

/s/ Clark D. Ruiz II /s/ James A. Mitarotonda

CC: Mel Brunt, Stacey Rickman