Problem101, check the following USCIS website for the latest H1B information. Regular H1B 65,000 (58200+6800) visa is done as of June 01, 2006. But there is still plenty H1B visas availiabe for a person who holds advanced degree from the US Universities. Advanced degree means US Master degree or higher. If you have earned MS degree from the US University, you will still have few months to apply for H1B. Good luck. http://www.uscis.gov/graphics/services/tempbenefits/cap.htm