I received the following rejection letter from the journal editor. It does not look like “rejection and resubmission” to me. Should I revise and resubmit? Is there any chance of acceptance?

> ... I very much regret to inform you that your manuscript has been rejected. Below are the comments and recommendations for this manuscript.  
>
> If you wish, please consider the suggestions made by the reviewers and/or Editor's Office and, possibly, consider submitting a new version to the journal.  If it meets the journal requirements, we will then send it out for independent peer review.  It has been our experience that those who follow the reviewers' comments and re-submit their paper generally are successful in publishing in ABC.  However, the decision to rewrite the paper rests with you...