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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (March 10, 2004)
4 Wednesday, March 10, 2004 aggieli THE BATTA1J off campus living doesn't mean what it used to. Conviction clouds future of coming august 2004 www.warehouseapartments.com Martha Stewart’s company By Erin McClain THE ASSOCIATED PRESS STEWART NEW YORK — Martha Stewart’s felony conviction rat tled through her rapidly eroding business empire as shares of her namesake company continued to fall, Viacom canceled her syndicated television show and she quit the board of cosmetic giant Revlon. The big question that remained was the future of the domestic diva’s bread-and-butter job as a leader within the compa ny that bears her name. Martha Stewart Living Omnimedia Inc.’s board met Monday to discuss Stewart’s future, according to a source close to the company who spoke on condition of anonymity. Company officials would not comment and it was unclear whether the board took any action. Company officials did not return calls seeking comment Tuesday. Stewart stepped down from her roles as chair man and chief executive after being indicted in June but remains as a board member and chief creative officer. With her conviction, the govern ment will likely press to have Stewart removed from the board. Stewart was convicted Friday, along with stockbroker Peter Bacanovic. of lying about why she sold 3,298 shares of ImClone Systems stock on Dec. 27, 2001, just before it plunged on a neg ative report from government regulators. Stewart was convicted of conspiracy, making false statements and obstruction of justice. Bacanovic was convicted of conspiracy, false statements, obstruction and perjury. Botli are expected to get 10 to 16 mon prison when they are sentenced June 17, have said they will appeal. Stewart briefly addressed a horde of ci crews Monday outside a courthouse wher spent about an hour with probation will make a sentencing recommendation “I want to thank my readers, my viewers the Internet users,” Stewart said as she into a sport utility vehicle. “I just want loill^ ^ everyone for their support.” Shares of Martha Stewart Living Omnim fell 96 cents to close at $9.90 Monday on York Stock Exchange — adding to a n percent tumble on Friday after the verdicts. T\ senic Dakk % to 13 midday Tuesday, the stock down 38 centsat5! a fall of 3.8 percent from Monday. Stewart’s syndicated television show,“Mi ca || Stewart Living,” was taken off the air" Viacom-owned CBS and UPN stations. Site stepped down from the board of cosmetics Revlon Inc., Revlon spokeswoman Cate Fisher confirmed. Stewart had servedonRevfc ^ Amei going natiu board since 1996. The New York Times said Monday columns its syndicate distributes v renamed and written by people other than Stem j ]omc starting immediately. In the parking lot of a Kmart store inKei N.J.. Rasheedah Norton had a shopping can of Stewart products carried by the retail cl "As you see, my whole cart is Martha,"shesii "I love the styling, and everything matclfe love Martha.” Norton said she would continue buying Martha Stewart brand “as long as they sell if ft spot Asscv this caree Mich top p tiis te At forcec death while ness. ANY te PEOPLE IN THE wouk Af thefai Tonya Harding! play ice hockey TlMCf ONLY 5 post oak mall • 764-4444 lo ret INDIANAPOLIS (A Disgraced former U.S skating champion andaspifi^ boxer Tonya Harding hasait! goal: minor league ice hocte The Indianapolis Ice oil Central Hockey Leagl 0 f announced Monday that it lu signed the 33-year-oldHardii to join the team It’s been 10 years stni Harding's ex-husband h\tj hit man to Attack rival Kerrigan at the 1994 m championships. Harding always denied knowledge the attack, but pleadedgui conspiracy and was bat from amateur figure sltal competition. The Ice in 2002 signed foot-7 former NBA Manute Bol for a one stint with the team, b never made it on th because his feet swelled w his custom-made skates. contii Amm; docto vincec for th the In timeu Aft dence Oprah is worlds most fashionab! the MUSICAL BOISTEROUS, CHARGED... ITS RED HOT: THE HOLLYWOOD REPORTER EXHILARATING THE PHILADELPHIA INQUIRER COMPLETELY UPLIFTING NEW YORK (AP) - Winfrey — talk show actress and magazine editoi' has a new title to add t( resume: one of the wi most fashionable women. Winfrey appears for thi time on Vanity Fair's International Best-Dn List, which is being reli Wednesday. The host of “The Winfrey Show” says Onassis and Coco her fashion icons, and Gianfranco Ferre as favorite designer. Not surprisingly, soccer|l er David Beckham - < national fashion icon style has inspired C Gabbana — made the top 10 list. Among thoseji him are actors GeorgeCli and Jude Law and i anchors Brian Williams of and Anderson CooperolCl|| The annual list — inated in the ’20s and prominence under the? ance of fashion maven Elea Lambert, who died in — will now appear in W Fair magazine, starting w* April issue. THE MIAMI HERALD Broadway Series Sponsored by: Central Texas ENT Tuesday and Wednesday, March 9 and 10 at 7:30 PM Rudder Auditorium NEED I TUTOR: TICKETS: 845-1234 www.MSCOPAS.org EHIopas Three Decades of Performing Arts enlighten j entertain I inspire Go To AGGIETUTOR.COJI Where the real tutors af One-on-One Personal^ Tutoring at Reasonable Pp 1 www. aggietutor.com