Can’t Tell if I’m on the Cusp…

My agent’s gotten ten query letters out to qualified publishers. Three of the five sent out around Thanksgiving asked for full manuscripts. This past Monday my agent sent another five. Two of those five asked, within a day or so of the query letter, for a complete manuscript. Don’t have feedback on the other three. So now there’s five publishers looking at the novel, all of which imprints for the top publishers in the fiction biz. And while on one hand this sounds like “great progress” and is nice to hear, I don’t have any way to quantify this. Previous Armadillocon panels addressed the time to acceptance, but not the numbers part of publishers in waiting. While JK Rowling sugarplum auction fantasies dance in my head (but I harbor no delusions as to any comparisons between that and my novels), I don’t know what this “top five are reading” means in terms of getting closer to closing a deal.

Calling on wise women and men if they have ideas. Comment, or blog on your own and let me know.