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Sunday, January 04, 2004

Stewart Trial Jury Selection

Jury screening questionnaires have not even been handed out yet and Judge M. G. Cedarbaum has already issued a three page order reminding instructing prospective jurors to not speak to anyone about the case or to read or hear about it in the media. The judge also admits the trial will be subject to "widespread and intense press coverage."

There's an understatement. This will be a three-ring media circus. In lieu of a trial, some news outlets are already speculating about what might happen. The circus is why this blog was created.

In the meantime, MSLO reported a 42 per cent drop in third-quarter earnings recently and warned fourth-quarter earnings will fall far short of analysts' expectations. Sure Stewart's trial is impacting MSLO performance, but it does not get all of the credit. You also need to consider the overall economy, a glut of home show programming and competitive offerings to come up with a 42 percent earnings drop.

Hopefully for MSLO it will be a fast trial. It should be considering the straightforward charges. But no trial can start without a jury. And splitting the atom is easier than finding 12 impartial folks that have not heard a lot about this trial. Good luck.