Being too clever or 'kiasu'?

Hundred of applicants of well-known universities like Harvard University, Stanford University's Graduate School of Business and Massachusetts Institute of Technology (MIT) has been rejected because they attempted to access their admission files before the date when the universities were to tell them if they were admitted. (Actually 10 hours earlier). Read the story.

Admissions sites of at least six schools were accessed by applicants for about 10 hours in early March after a hacker posted instructions in a BusinessWeek Online forum.

It's the case of where the 'kiasu' being the loser this round.