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Optical VRI and infrared JHK images of the region near the IRAS source 06314+0427, which lies within the Rosette Molecular Cloud (RMC), near the CO peak as observed by Blitz $\&$ Stark 1986, have been obtained to investigate star formation in that region. The images clearly show the boundary of the cloud against the H$\alpha$ emission from the Rosette nebula. The images also reveal a partially embedded cluster, not coincident with the IRAS source, along the edge of the molecular cloud. Two comet-like objects are seen in emission and a highly reddened point-source (V-I $>$ 3), coincident with IRAS 06314+0427, is found among a small aggregate of stars (see also Block, Gaballe $\&$ Dyson 1993). The IR colors suggest that many of the stars are PMS stars with at least one source being a candidate Herbig Ae/Be star (see also Hanson et al. 1993).
\bigskip \noindent References
\noindent Blitz, L. $\&$ Stark, A. A. 1986, ApJ, 300, L89
\noindent Block, D. L., Geballe, T. R. $\&$ Dyson, J. E. 1993, A$\&$A, 273, L41
\noindent Hanson, M. M., Geballe, T. R., Conti, P. S. $\&$ Block, D. L. 1993, A$\&$A, 273, L44