Reply #3: well, these people might want to know this

[UpInArms]

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20040812005761&newsLang=en

Digitas Reiterates Q3 2004 Revenue Guidance; Clarifies Full Year 2004 Guidance to Include Expectations For AT&T And Delta Air Lines Accounts

-- Force reduction expected to capture $6 million in annualized cost savings

-- Company raises Q3 earnings per share expectation

-- Company expects to hit low end of previously-offered full year 2004 guidance

Digitas Inc. (Nasdaq: DTAS) today reiterated its previously announced fee revenue guidance for the third quarter of 2004, raised its third quarter earnings per share expectations, and clarified its expectations for the full year of 2004, taking into consideration full-year expectations for the AT&T and Delta Air Lines accounts. Specifically, Digitas cited an expected decline in AT&T revenue--stemming from that company's announcement last month that it would stop seeking new customers for its consumer local and long-distance services--and an expected decline in Delta Air Lines revenue--stemming from that company's recent announcements regarding its financial situation--as the basis for issuing the clarified guidance. In addition, Digitas today said that it has effected a force reduction of approximately 50 positions, centered on removing excess capacity as it reconfigures and reallocates staff. On an annualized basis, the company expects the staff reduction to result in approximately $6 million in compensation and benefits savings.

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