U.S. Citizenship and Immigration Services (USCIS) announced today that on April 12 it conducted the computer-generated random selection process to determine which H-1B petitions, subject to the congressionally mandated H-1B cap for fiscal year 2008 (FY 2008), would continue to final processing. USCIS completed this determination ahead of the preliminary schedule noted on April 3, when it announced it had received enough petitions to meet the cap for FY 2008.
The 123,480 cap-subject petitions received on April 2 and 3 were labeled with unique numerical identifiers and selected randomly by computer. The chosen numerical identifiers were then transmitted to the appropriate service center for further processing.
Source: USCIS Announcement
Number 123,480 looks a lot better keeping in view initial estimates. A good 50% chance for each application to be selected.
Update: 3rd May 2007 Hello friends, I understand your anxiety. But donâ€™t loose your hope and/or temper yet. Please wait till you receive either your receipt or your petition itself before concluding anything about your application. It is true that USCIS mentioned every one would receive the receipt or the petition itself in 2 weeks, but it looks like it is taking time.
Mean time, some people are even receiving the approvals. So please wait till you receive something from USCIS before planning any changes in your career paths.
Update: 11th May 2007 By today, USCIS would have sent all receipts/rejected applications to all. Give a week or two to receive the communication. So with in a week or two you will have some kind of final confirmation. Congratulations for all those who got your applications accepted and some even got approved already.
For those who received an SRC number and waiting for the approval status you can check the status of your petition here:
or You may call 1-800-375-5283.