March 28, 2004 News Reports for Ultra-Short Attentions By WARREN ST. JOHN t 5:30 p.m. last Monday, Shepard Smith, the 40-year-old host of Fox News Channel's "Fox Report," was hunched over his computer in the company's bustling Midtown headquarters, poring over the script for his evening broadcast, and searching for verbs. Mr. Smith, let it be known, does not like verbs. Whenever he finds one, he crinkles his brow in disgust like a man who has discovered a dribble of food on his tie. He taps furiously at his keyboard, moves the cursor to the offending word and deletes it,...