NYU Part time Fall 2011 Applicants

I received update from NYU today and they put my application on Waitlist.
This is what I received from them.

"Thank you again for applying to the Langone Part-time MBA program. After carefully considering your application, the Admissions Committee would like to offer you a place on the waitlist. We see strengths in your background and experience and would like to further consider your application as we continue to make admissions decisions. Please note that the Admissions Committee will continue to take your program preferences into consideration when making a final decision.

We recognize the uncertainty that is part of the waitlist process, and we appreciate your patience. We review the waitlist periodically as space becomes available starting in late July. While a final decision may not be made until September, we do encourage you to provide us with any new information. To address the questions and concerns that you may have, Frequently Asked Questions can be accessed online at https://applicant.stern.nyu.edu/statusc ... stFAQ.html.

If you would like to decline a place on the waitlist, we ask that you complete and submit a Waitlist Decline Form online within two weeks.

We thank you for your continued interest in NYU Stern and for your patience with the waitlist process.
Sincerely,
NYU Stern MBA Admissions "