If you have received the notice on 29th, it should be approved till now if there is not any RFE(Request for evidence). After approval, they will send one receipt notice to the employer and 'original' to employer's attorney. About the waiting list read the following notice from USCIS.
USCIS Runs Random Selection Process For H-1B Petitions
WASHINGTON
– U.S. Citizenship and Immigration Services (USCIS) today conducted the
computer-generated random selection processes on H-1B petitions, to
select which H-1B petitions for fiscal year 2009 (FY 2009) would
continue to full adjudication. If approved these H-1B petitions will
be eligible to receive an H-1B visa number.
USCIS
conducted two random selections, first on petitions qualifying for the
20,000 “master’s or higher degree†(advanced degree) exemption, and
second on the remaining advance degree petitions together with the
general H-1B pool of petitions, for the 65,000 cap.
The approximately 163,000 petitions received on the first five days of the eligible filing period for FY 2009 (April 1 through April 7, 2008)
were labeled with unique numerical identifiers. USCIS has notified the
appropriate service centers which numerical identifiers have been
randomly selected, so each center may continue with final processing of
the petitions associated with those numerical identifiers.
Petitioners
whose properly filed petitions have been selected for full adjudication
should receive a receipt notice dated no later than June 2, 2008.
USCIS will return unselected petitions with the fee(s) to petitioners
or their authorized representatives. As previously announced,
duplicate filings will be returned without the fee. The total
adjudication process is expected to take approximately eight to ten
weeks.
For cases selected through the
random selection process and initially filed for premium processing,
the 15-day premium processing period begins today (April 14), the day
of the random selection process.
USCIS has
“wait-listed†some H-1B petitions, meaning they may possibly replace
petitions chosen to receive an FY-2009 cap number, but that
subsequently are denied, withdrawn, or otherwise found ineligible.
USCIS will retain these petitions until a decision is made whether they
will replace a previously selected petition. USCIS will send a letter
to the wait list petitioners to inform them of their status
USCIS
expects that for each of these wait-listed petitions, it will either
issue a receipt notice or return the petition with fees within six to
eight weeks.
Good luck to you dude!!!
Parbatya