Abstract
By studying string loop corrections to superpotential of type II strings compactified on Calabi-Yau threefolds we find a quantum stringy test and a confirmation of a recent proposal of Strominger on the fate of the conifold singularity. We also propose a connection between the spectrum of Bogomolnyi saturated solitons and one-loop string partition function of $N=2$ topological strings.

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