I just received the same email...Juliasmom. I turned my application in several months ago. Long before the first deadline. I can't imagine that it is just now complete.
I received an email thanking me for my patience and that they are currently reviewing applications and if we do not receive any communication by March 1st to contact them. Talk about getting my hopes up. Ugh. Not the email I was wanting.
We should know more when people turn in their letters of intent. People may decide not to go to COM and chose another school. Did you call and see where your ranking is? I am number 4 as of today.