We present results from an ongoing electrophysiological study of cortical function in the awake, behaving monkey. Single and multiple neuron activity is recorded from the frontal cortex, while the monkey is engaged in a sensory-motor association task. Results show that neighboring neurons in the frontal cortex may be functionally related and share common features. However, even when neurons were reduced by the same microelectrode, they were not all activated in unison, nor did they all show the same functional properties. Correlation analysis reveals that interactions between neurons may strongly depend on stimulus context and/or behavioral state. Moreover, the interactions may be highly dynamic, with time constants of modulation as low as tens of milliseconds. These findings point at the need to distinguish between anatomical connectivity and functional coupling. The underlying mechanisms as well as the functional implications of such dynamic coupling in cortical networks are discussed.