SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Under the Securities and Exchange Act of 1934
(Amendment No. ___ )
CONNECT, INC.
(Name of Issuer)
Common Stock, $.001 par value
(Title of Class of Securities )
207528100
(CUSIP NUMBER)
<PAGE>
1) Name of Reporting Person Quaestus Partner Fund
SS or IRS Identification
Nos. of Above Person
2) Check the Appropriate Box (a) X
of A Member of Group
(See Instructions) (b)
3) SEC Use Only
4) Citizenship or Place of Wisconsin
Organization
Number of (5) Sole Voting Power 1,094,947
Shares
Beneficially Owned (6) Shared Voting Power
by Each Reporting
Person With (7) Sole Dispositive Power 1,094,947
(8) Shared Dispositive Power
9) Aggregate Amount 1,094,947
Beneficially Owned by
Each Reporting Person
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
(See Instructions)
11) Percent of Class Represented
By Amount in Row 9 5.88%, based on 18,622,858 total shares
outstanding as of January 23, 1997
12) Type of Reporting
Person (See Instructions) PN
<PAGE>
1) Name of Reporting Person Quaestus Limited Partnership
SS or IRS Identification
Nos. of Above Person
2) Check the Appropriate Box (a) X
of A Member of Group
(See Instructions) (b)
3) SEC Use Only
4) Citizenship or Place of Wisconsin
Organization
Number of (5) Sole Voting Power 7,731
Shares
Beneficially Owned (6) Shared Voting Power
by Each Reporting
Person With (7) Sole Dispositive 7,731
Power
(8) Shared Dispositive
Power
9) Aggregate Amount 7,731
Beneficially Owned by
Each Reporting Person
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
(See Instructions)
11) Percent of Class Represented
By Amount in Row 9 0.04%, based on 18,622,858 total shares
outstanding as of January 23, 1997
12) Type of Reporting
Person (See Instructions) PN
<PAGE>
1) Name of Reporting Person Network Partners
SS or IRS Identification
Nos. of Above Person
2) Check the Appropriate Box (a) X
of A Member of Group
(See Instructions) (b)
3) SEC Use Only
4) Citizenship or Place of Wisconsin
Organization
Number of (5) Sole Voting Power 4,737,298
Shares
Beneficially Owned (6) Shared Voting Power
by Each Reporting
Person With (7) Sole Dispositive 4,737,298
Power
(8) Shared Dispositive
Power
9) Aggregate Amount 4,737,298
Beneficially Owned by
Each Reporting Person
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
(See Instructions)
11) Percent of Class Represented
By Amount in Row 9 25.44%, based on 18,622,858 total shares
outstanding as of January 23, 1997
12) Type of Reporting
Person (See Instructions) PN
<PAGE>
1) Name of Reporting Person Gordon J. Bridge
SS or IRS Identification
Nos. of Above Person
2) Check the Appropriate Box (a) X
of A Member of Group
(See Instructions) (b)
3) SEC Use Only
4) Citizenship or Place of United States
Organization
Number of (5) Sole Voting Power 345,000
Shares
Beneficially Owned (6) Shared Voting Power
by Each Reporting
Person With (7) Sole Dispositive 345,000
Power
(8) Shared Dispositive
Power
9) Aggregate Amount 345,000 (includes 345,000 shares issuable upon
Beneficially Owned by exercise of stock options exercisable within
Each Reporting Person days of December 31, 1996. A portion of such
shares issued or issuable upon exercise of such
stock options is subject to repurchase by the
Issuer at the original exercise price in the
event of termination of employment, which
repurchase right lapses over time.)
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
(See Instructions)
11) Percent of Class Represented
By Amount in Row 9 1.85%, based on 18,622,858 total shares
outstanding as of January 23, 1997
12) Type of Reporting
Person (See Instructions) IN
<PAGE>
1) Name of Reporting Person Richard W. Weening
SS or IRS Identification
Nos. of Above Person
2) Check the Appropriate Box (a) X
of A Member of Group
(See Instructions) (b)
3) SEC Use Only
4) Citizenship or Place of United States
Organization
Number of (5) Sole Voting Power 11,068
Shares
Beneficially Owned (6) Shared Voting Power
by Each Reporting
Person With (7) Sole Dispositive 11,068
Power
(8) Shared Dispositive
Power
9) Aggregate Amount 11,068
Beneficially Owned by
Each Reporting Person
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
(See Instructions)
11) Percent of Class Represented
By Amount in Row 9 0.06%, based on 18,622,858 total shares
outstanding as of January 23, 1997
12) Type of Reporting
Person (See Instructions) IN
<PAGE>
1) Name of Reporting Person Charles Wright
SS or IRS Identification
Nos. of Above Person
2) Check the Appropriate Box (a) X
of A Member of Group
(See Instructions) (b)
3) SEC Use Only
4) Citizenship or Place of United States
Organization
Number of (5) Sole Voting Power 3,375
Shares
Beneficially Owned (6) Shared Voting Power
by Each Reporting
Person With (7) Sole Dispositive 3,375
Power
(8) Shared Dispositive
Power
9) Aggregate Amount 3,375 (includes 3,375 shares issuable upon
Beneficially Owned by exercise of stock options exercisable within
Each Reporting Person days of December 31, 1996. A portion of such
shares issued or issuable upon exercise of
such stock options is subject to repurchase
by the Issuer at the original exercise price
in the event of termination of employment,
which repurchase right lapses over time.)
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
(See Instructions)
11) Percent of Class Represented
By Amount in Row 9 0.02%, based on 18,622,858 total shares
outstanding as of January 23, 1997
12) Type of Reporting
Person (See Instructions) IN
<PAGE>
1) Name of Reporting Person Terrence J. Leahy
SS or IRS Identification
Nos. of Above Person
2) Check the Appropriate Box (a) X
of A Member of Group
(See Instructions) (b)
3) SEC Use Only
4) Citizenship or Place of United States
Organization
Number of (5) Sole Voting Power 3,018
Shares
Beneficially Owned (6) Shared Voting Power
by Each Reporting
Person With (7) Sole Dispositive 3,018
Power
(8) Shared Dispositive
Power
9) Aggregate Amount 3,018
Beneficially Owned by
Each Reporting Person
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
(See Instructions)
11) Percent of Class Represented
By Amount in Row 9 0.02%, based on 18,622,858 total shares
outstanding as of January 23, 1997
12) Type of Reporting
Person (See Instructions) IN
<PAGE>
Item 1(a) Name of Issuer.
CONNECT, Inc.
Item 1(b) Address of Issuer's Principal Executive
Office's
515 Ellis Street
Mountain View, CA 94043
Item 2(a) Names of Persons Filing.
Quaestus Limited Partnership
Quaestus Partner Fund
Network Partners
Gordon J. Bridge
Richard W. Weening
Charles Wright
Terrence J. Leahy
Item 2(b) Address of Principal Business Office:
330 E. Kilbourn Avenue
Milwaukee, WI 53202
Item 2(c) Citizenship:
Quaestus Limited Partnership, Quaestus Partner Fund and Network
Partners are Wisconsin limited partnerships; Messrs. Bridge,
Weening, Wright and Leahy are United States citizens.
Item 2(d) Title of Class of Securities.
Common Stock, $.001 par value
Item 2(e) CUSIP Number.
207528100
Item 3 If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) ___ Broker Dealer registered under Section 15 of the Act
(b) ___ Bank as defined in Section 3(a)(6)of the Act
(b) ___ Insurance Company as defined in Section 3(a)(19)
of the Act
(c) ___ Investment Company registered under Section 8 of the
Investment Company Act
(d) ___ Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940
(e) ___ Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund;
see 240.13d-1(b)(1)(ii)(F)
(f) ___ Parent Holding Company, in accordance with
240.13d-1(b)(ii)(G) (Note: See Item 7)
(g) ___ Group, in accordance with 240.13d-1(b)(1)(ii)(H)
<PAGE>
Item 4. Ownership
(a) Amount Beneficially Owned
Quaestus Partner Fund 1,094,947
Quaestus Limited Partnership 7,731
Network Partners 4,737,298
Gordon J. Bridge 345,000
Richard W. Weening 11,068
Charles Wright 3,375
Terrence J. Leahy 3,018
(b) Percent of Class
Quaestus Partner Fund 5.88%
Quaestus Limited Partnership 0.04%
Network Partners 25.44%
Gordon J. Bridge 1.85%
Richard W. Weening 0.06%
Charles Wright 0.02%
Terrence J. Leahy 0.02%
(*based on 18,622,858 total shares outstanding as
of January 23, 1997)
(c) Number of shares as to which such person has
(i) sole power to vote or to direct the vote
Quaestus Partner Fund 1,094,947
Quaestus Limited Partnership 7,731
Network Partners 4,737,298
Gordon J. Bridge 345,000
Richard W. Weening 11,068
Charles Wright 3,375
Terrence J. Leahy 3,018
(ii) shared power to vote or to direct vote
not applicable
(iii) sole power to dispose or to direct disposition of
Quaestus Partner Fund 1,094,947
Quaestus Limited Partnership 7,731
Network Partners 4,737,298
Gordon J. Bridge 345,000
Richard W. Weening 11,068
Charles Wright 3,375
Terrence J. Leahy 3,018
(iv) shared power to dispose or to direct disposition of
not applicable
Item 5. Ownership of Five Percent or Less of a Class.
not applicable
Item 6. Ownership of More than Five Percent on Behalf
of Another Person.
not applicable
Item 7. Identification and Classification of the
Subsidiary Which Acquired the Security Being Reported On By the Parent
Holding Company.
not applicable
Item 8. Identification and Classification of Members
of the Group.
Quaestus Partner Fund (PN); Quaestus Limited Partnership (PN);
Network Partners (PN); Gordon J. Bridge (IN);Richard W. Weening (IN);
Charles Wright (IN); Terrence J. Leahy (IN)
Item 9. Notice of Dissolution of the Group.
not applicable
<PAGE>
Item 10. Certification.
After reasonable inquiry and to the best of my
knowledge and believe, I certify that the information
set forth in this statement is true, complete and
correct.
Date February 5, 1997
Quaestus Limited Partnership
/s/ Richard W. Weening /s/ Gordon J. Bridge
____________________________ _____________________________
Signature Gordon J. Bridge
Richard W. Weening
/s/ Richard W. Weening
_____________________________
Richard W. Weening
Quaestus Partner Fund
/s/ Charles Wright
/s/ Richard W. Weening ______________________________
____________________________ Charles Wright
Signature
Richard W. Weening
/s/ Terrence J. Leahy
______________________________
Terrence J. Leahy
NETWORK PARTNERS
/s/ Richard W. Weening
___________________________
Signature
Richard W. Weening
