Patriot Scientific

"As part of the stock buyback program and prior to the trading restriction that occurred during the nine months ended February 29, 2008, the company repurchased 5,698,821 shares of its outstanding common stock in the open market at an aggregate cost of $3,042,921. "

It seems they believe in PTSC/themselves enough to have paid about 53 cents a share! I guess anything below that is under their own estimates? This repurchase news is a welcomed event! GLTAL. All things being the same, the old standard is that fewer shares means more value per share.