Star Wars MMO not in the works?

Bioware announced several years ago that their Austin based studio was developing a MMORPG, and thats it. No other info about the game was given. As a matter of fact no information about the game other then the fact that it exists has ever been given. But many rumors have been flying around the Internet speculating that the mysterious MMO would be set in the Star Wars Universe. Today, some news hit the web dashing many Star Wars fans hopes of a better MMO then the not-so-great Star Wars: Galaxies(which was my first MMO ever). Bioware in an email to IGN reminded the world that the rumors about its MMO were just that, RUMORS.

What does all this mean? Not much, the game is still in development, and the possibility that it is set in the Star Wars universe is still real. So until more information is released on the game, we can only speculate as to its details. All I know is that if it IS based in the Star Wars universe, I will be buying a new computer to play.