It is shown that the space of cohomology classes of the SU(1,1)/U(1) c
oset at negative level k contains states of relevant conformal dimensi
ons. These states correspond to the energy density operator of the ass
ociated nonlinear sigma model. We exhibit that there exists a subclass
of relevant operators forming a closed fusion algebra. We make use of
these operators to perform renormalizable perturbations of the SU(1,1
)/U(1) coset. In the infra-red limit, the perturbed theory flows to an
other conformal model. We identify one of the perturbative conformal p
oints with the SU(2)/U(1) coset at positive level. From the point of v
iew of the string target space geometry, the given renormalization gro
up flow maps the noncompact geometry described by the SU(1,1)/U(1) cos
et into the sphere described by the SU(2)/U(1) coset. This exhibits a
new mechanism of topology change in the space of string compactificati
ons.