Possibly just a change in plans due to a great buying opportunity.
Patriot Scientific President and CEO Jim Turley said, "Patriot Scientific, which is a highly profitable company with no debt and approximately $22 million in cash on hand at the end of FY 2007, is by any reasonable measure that I know of substantially undervalued. The company's common stock is trading well below what we would regard as an appropriate multiple of earnings. We have taken advantage of this decline in the price of our stock to purchases shares at a price we deem to be strongly in the interests of our shareholders."