Is your WL letter the same like following letter? I received it on Feb 14.
Dear
We would like to give you an update on the status of your application toCornell's Master of Engineering program. While we are impressed with yourcredentials, there are many outstanding applicants to our program, and we arenot able to offer you admission at this time. You have been placed on ourWait List. We will make every attempt to let you know by April 15whether or notwe can offer you admission. We do not disclose Wait List rankings, so please do not ask.
Please note that if a university in the United States has offered you anyfinancial aid, then you are not required to make a commitment to them beforeApril 15.
We hope that you will postpone making a final decision regarding graduateprograms until you hear from us. If you choose to accept admission fromanother program, however, we ask that you let us know.