I have no regrets about launching Salon. For the life of me, I can't imagine doing anything else.
FCU's PLS discovery has quickly become one of the most exciting stories in the uranium sector.
We are upgrading UEX to a Buy rating; new CEO Roger Lemaitre changes everything.
I actually do think the history is so epic that it actually kind of writes itself.
I know that doesn't sound very radical and webby of me to say that but I think the New York Times is important. I also think there's an occasional piece that will pop out.
I think there is a difference between Slate and Salon. I think we both serve important functions on the Internet. As more and more Websites disappear, I'm thankful Slate is still around because it makes things less lonely.
Most magazines have become wallpaper, they're all the same, all the same celebrities. It's really an abysmal time in American journalism right now. But occasionally one story or two will pop out.
When you're kept by a patron you don't have to duke it out in the media marketplace for dollars and for readers. In some ways that's a blessing because it takes a lot of pressure off you.
The entire economy, of course, is locked in a down cycle right now. Last time we weathered this was during another Bush presidency in '90. We were locked in it for a year and a half and everyone came out of it.
After Watergate, which happened when I was in college, I became increasingly inspired by journalism as a way to change the world. It sounds corny, but to wake the public up, to serve a higher cause.
People sort of take it for granted, but the more you see of the media world the more you appreciate a paper like the Times where its family continues to invest in editorial quality and I think it's the truly is the best paper in the world.
The only school that let me in was U.C. Santa Cruz, which is where I went. They didn't have a journalism program, so I took sociology, which is the closest thing to journalism.
The entire American media apparatus bought into the drug war - which is an enormously damaging and costly undertaking for this country - and there wasn't enough critical reporting about it and that's why it's gotten out of hand.
Even more important maybe, or equally more important at least, is they don't have to scrap for a living.
It's like a cast of actors; you're all working together closely under pressure to produce something everyday. And when we put up an issue, it's like the curtains opening on a new play. I really like that daily sense of surprise.
There are not that many new media brands you can say that about nowadays.
They may be a little more high brow than we are.
I got kicked out of high school, so I couldn't get into very many colleges.
While I'm critical to the Bush presidency, it's been enormously beneficial for Salon because we're seen as kind of an aggressive watchdog on the Bush White House. Particularly since Florida, our readership hit a whole new level, and we held onto those readers.
Other than that one year, Salon has been very cautious about the way it spends money. For instance, since last year, we've had virtually no marketing budget. It's just word of mouth. And our circulation continues to grow that way by breaking news stories.
I came at age in the '60s, and initially my hopes and dreams were invested in politics and the movements of the time - the anti-war movement, the civil rights movement. I worked on Bobby Kennedy's campaign for president as a teenager in California and the night he was killed.
A lot of my idealism was frustrated by the end of the '60s because of the way things went with the assassinations and the sense that the political establishment was so fixed in its ways you couldn't change anything.
Do I regret taking the company public? Yes and no. Yes, because it put us under enormous pressure for a young company to go public at that point in its history, something you never could have done in the old days.
We upgrade URZ to a Buy; we see an entry opportunity with investors.
EFR entered into an agreement to sell some noncore assets for $2.05M.
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