| Business Summary | | Streamline.com,
Inc.
provided
Internet-based
ordering
and
home
delivery
of
a
wide
range
of
goods
and
services
to
consumers.
The
Company
consolidated
products
and
services
currently
offered
by
various
suppliers
into
a
single
weekly
delivery
to
its
consumers,
thus
minimizing
their
need
to
make
frequent
trips
to
multiple
physical
stores.
During
1999,
the
Company
provided
its
products
and
services
from
two
service
centers
in
the
greater
Boston
and
Washington,
DC
suburbs
that
it
intends
to
replicate
in
other
markets
nationwide.
In
November
2000,
the
Company
announced
that
it
is
winding
down
its
operations.
The
Company
will
notify
customers
that
it
plans
to
discontinue
service
effective
November
22. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SLNE
provides
Internet
based
ordering
and
home
delivery
of
a
wide
range
of
goods
and
services
to
customers.
For
the
six
months
ended
7/1/00,
revenues
rose
75%
to
$17.3
million.
Net
loss
applicable
to
Common
totalled
$23.2
million,
up
from
$10.9
million.
Results
reflect
the
expansion
of
the
customer
base
and
the
opening
of
a
new
location
in
Washington
D.C.,
offset
by
expenses
in
connection
with
additional
advertising
and
promotional
activities
undertaken
to
acquire
new
customers. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Timothy DeMello, 41 Chairman
and CEO | $234K | Edward Albertian, 47 Pres,
COO | 156K | Lawrence Anderson, 47 CFO | -- | J. Ambro, 47 Sr.
VP | -- | Gina Wilcox, 32 VP
of Sales and Marketing | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|