GMAT - 600 - ISB - Request advice - urgent

[down_not_out]

Hi.

Have just appeared for GMAT ( 12-Nov - 2011 ). Devastated by a score of 600. a huge variance of 100-120 pts from my practice scores. Q 42 , V31. Got worried in the middle of the test as the last 20-25 qs of Verbal were very easy and finished the Quant section 15 mins ahead of time.

I am a R-2 applicant and have all my essays, reccos ready. My confidence with the GMAT led me to postpone the exam till the very end. Grad results are very average

However, I would like to think that my overall profile is strong.

Work Ex- 8 Years
current role - Area Manager for a channel for the largest pvt life Ins co in India (Span of control - 7 years )
Career marked by a very fast growth and several promotions , letters of appreciations from the MD, Chief of HR, Head of Sales etc.
Had been a key member of the team that devoloped the payout structure for distributors of a major channel of the company
Extra curriculars - above avg

I am sure i can improve on my GMAT score and wanted to reappear within one week. But only came to know now that GMAC needs a minimum gap of 31 days before one can re-appear. The last date for applying is 30 Nov.

My question is show i apply for ISB this year or wait for the next year?
Are re-applicants viewed negatively?
I know it's a long shot but if i make it to the interviews and if i give a GMAT in between and score better, will that help.

Thank you for having a look at this post. Request an early response as I am left with very little time

[Jon@Admissionado]

You gotta retake my friend. I know waiting is no fun. But a 600 is just too low to hope for an accept.. unless your dad is a minister or CEO of a huge corp.

[down_not_out]

Thank you for the reply.

Request your further guidance on the following doubts.

Are re-applicants viewed negatively? Because of my post MBA choice of career, I feel ISB would be best suited for me. I feel if I apply and get rejected , I will anyways re-apply next year R1. But on rejection of my candidature, I will have an opportunity to have a feedback from the school.
Holes in my profile , other than GMAT , if any could be highlighted and I will have the opportunity to work on it.

Request a feedback.

Regards