So, say you have a stealth technology that is really effective. But, the tech is too big to mount on missiles, and anything over a certain size (like a space ship) is too large to hide properly. If you put it on little single- or dual-pilot ships, these ships can become essentially invisible... until you fire any weapons from them, at which point the enemy becomes able to track them via the weapons fire and shoot them down, making the losses you take in people and hardware more expensive than any damage you could inflict with weapons small enough to mount on your "fighters". So, using them as weapon platforms is impractical.
But, you have figured out that you can move these ships in close to an enemy ship and not only use them to observe for weaknesses and pass messages along quickly (by bouncing the signal from one fighter to the next), but you can also use them to vastly extend the useful range of you ship-fired missiles by handing control of the missiles off from fighter to fighter as they travel closer to your target, allowing you to guide them in on the most effective attack paths and avoid some of the enemy's defensive measures. This greatly improves your combat ability compared to your enemy's, because you can shoot from further away than they can and still land decent hits (since dumb missiles out of control range and flying in a straight line are pretty easy for point defense measures to kill).
Does this sound feasible for space battles? What kind of problems could this strategy have? And where else would this technology be useful, if you had it in a space-faring civilization? (Note, the tech is expensive enough that it's not going to be available for trivial or nonessential mainstream uses, and it is classified, since the government and military doesn't want other governments getting their hands on it).
Edit: Assume for now that the fighters need to be manned, for some reason or another they can't just be drones.