Index: Lib/asyncore.py
===================================================================
--- Lib/asyncore.py	(revision 63534)
+++ Lib/asyncore.py	(working copy)
@@ -383,9 +383,12 @@
                 self.connected = True
             self.handle_accept()
         elif not self.connected:
-            self.handle_connect()
-            self.connected = True
-            self.handle_read()
+            if self.socket.getsockopt(socket.SOL_SOCKET, socket.SO_ERROR) != 0:
+                self.handle_expt_event()
+            else:
+                self.handle_connect()
+                self.connected = True
+                self.handle_read()
         else:
             self.handle_read()