MANHATTAN BRIDGE CAPITAL, INC — Director's Dealing 2004

Mar 9, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAG MEDIA INC (DAGM)
CIK: 0001080340
Period of Report: 2004-03-08

Reporting Person: SONKIN PAUL D (10% Owner, see footnote #1)
Reporting Person: HUMMINGBIRD VALUE FUND LP (10% Owner, see footnote #1)
Reporting Person: HUMMINGBIRD MICROCAP VALUE FUND LP (10% Owner, see footnote #1)
Reporting Person: HUMMINGBIRD MANAGEMENT LLC (10% Owner, see footnote #1)
Reporting Person: HUMMINGBIRD CAPITAL LLC (10% Owner, see footnote #1)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-08	Common Stock, $.01 par value	S	4848	$5.5	Disposed	322202	Direct
2004-03-08	Common Stock, $.01 par value	S	3693	$5.5	Disposed	192007	Direct

Footnotes

F1: This Form 4 is filed jointly by Paul D. Sonkin, The Hummingbird Value Fund, L.P., The Hummingbird Microcap Value Fund, L.P., Hummingbird Capital, LLC, and Hummingbird Management, LLC. Paul D. Sonkin is the Managing Member of (a) Hummingbird Capital, LLC, the general partner of The Hummingbird Value Fund, L.P., and The Hummingbird Microcap Value Fund, L.P., and (b) Hummingbird Management, LLC, the investment manager to The Hummingbird Value Fund, L.P., and The Hummingbird Microcap Value Fund, L.P. Accordingly, each of Paul D. Sonkin, Hummingbird Capital, LLC, and Hummingbird Management, LLC, may be deemd to beneficially own securities owned by The Hummingbird Value Fund, L.P., and The Hummingbird Microcap Value Fund, L.P., reported herein. The Reporting Persons are members of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Common Stock.

F2: Sold by The Hummingbird Value Fund, L.P.

F3: Owned directly by The Hummingbird Value Fund, L.P., and indirectly by Paul D. Sonkin, Hummingbird Capital, LLC, and Hummingbird Management, LLC, each of which disclaims beneficial ownership of the securities owned by The Hummingbird Value Fund, L.P., except to the extent that each such party has an interest, if any, in The Hummingbird Value Fund, L.P.

F4: Sold by The Hummingbird Microcap Value Fund, L.P.

F5: Owned directly by The Hummingbird Microcap Value Fund, L.P., and indirectly by Paul D. Sonkin, Hummingbird Capital, LLC, and Hummingbird Management, LLC, each of which disclaims beneficial ownership of the securities owned by The Hummingbird Value Microcap Fund, L.P., except to the extent that each such party has an interest, if any, in The Hummingbird Microcap Value Fund, L.P.