Triple W,
I could empathize with your situation, I was on the alternate list 2 years in a row at COMP. In fact, I wasn't even on that list... it was a wait/hold list. It was basically the alternate's alternate list. Talk about being in limbo!
Just make sure you keep in touch with the admissions dept constantly and let them know what you're doing to enhance your application.
The first year, I didn't make it in. But the second year, I was admitted 3 weeks prior to the first day. In fact, I had a friend who was admitted the day before.
So don't lose hope, but try to be realistic about the situation as well. For me not to get too frustrated, I assumed that I wasn't going to school that fall and was under the assumption that I was going to reapply the next year.
Hang in there, if you want it bad enough... you'll get in.
-Eric, MSIII
WesternU/COMP