  Several coronal bright points identified in a quiet region of the Sun from
SOHO/EIT Fe XII images are found to have a time evolution from birth to decay
which is extremely well correlated with the rise and fall of magnetic flux as
determined from photospheric magnetograms made with the SOHO/MDI instrument.
Radiative losses of the bright points are found to be much less than conductive
losses but the sum of the two is comparable with the available energy of the
associated magnetic field. Several small `network flares' occur during the
lifetimes of these bright points, emphasizing the strong connection of such
events with the magnetic field.
