WESTWOOD, Mass. -- Streamline.com here said it has hired an unnamed investment bank to explore strategic and financing alternatives.
The announcement came as little surprise, said Barry Stouffer, a securities analyst for J.C. Bradford, Nashville, Tenn.
"They've been looking for financing for some time," Stouffer told SN. "The only real piece of news is that they've hired somebody to help them accomplish that."
Streamline had approximately $21 million in cash April 1, t