Resistance of a one-atom contact in the scanning tunneling microscope

The resistance as a function of tip-sample separation in the scanning tunneling microscope is calculated for distances in the transition region between tunneling and point contact. A resistance plateau appears near point contact with value Aπe², where A is of order unity, its exact value depending on the identity of the tip atom. Good agreement is found with the recent experimental data of Gimzewski and M\"oller.