Combine bread pieces and pecans in a bowl. Drain cherries, reserving wine; add cherries to bread and pecans.
In a saucepan, sauté onions, celery, and shallots in butter until softened. Add to bread mixture. Add remaining ingredients and reserved wine. Toss well. Makes enough to stuff into an 18-pound turkey or it can be baked separately in a casserole dish at 350° for 45 minutes.