Martha Stewart tells ABC's "Nightline" that her past jail sentence might have cost her namesake company more than $1 billion.

"I was pissed. OK. Pissed that something could actually affect that. The company had nothing to do with anything. But yet, because I am the face and the brand, my person -- it certainly had a  harmful effect. When you are prosecuted in such a way, and a great portion of wealth is dissipated, all I can think, so much, is what I could've done with all of that for the good of mankind. And -- and I hope I can continue."

Join the conversation about this story »

See Also:

• Rajaratnam Pal: "I'll Be Like Martha F**** Stewart"
• The Original Valleywag Goes On Martha Stewart
• Co-CEO Wenda Harris Millard Leaves Martha Stewart Living Omnimedia (MSO)

Michael Kupinski of Noble Financial Equity Research maintains his “buy” rating on Martha Stewart Living Omnimedia Inc (NYSE: MSO), while raising his estimates for the company.

While marketing in California, MSO highlighted its plans to focus on media distribution. MSO had recently announced its plans to enter into retail/merchandizing. Noble Financial Equity Research now expects MSO to generate $21.1 million of cash flows in Q4, as compared to the earlier estimate of $18.5 million.

Noble Financial Equity Research is optimistic that Martha Stewart Living Omnimedia will start realizing its Kmart royalty revenues in 2010. MSO will, however, not get the benefit of a full year of products from Home Depot, Noble Financial Equity Research added.

Noble Financial Equity Research has raised its EPS estimates for Q4 from $0.30 to $0.34.