In a number of papers it has been claimed that the time machine is qua
ntum unstable, which manifests itself in the divergence of the vacuum
expectation value of the stress-energy tensor [T] near the Cauchy hori
zon. The expression for [T] was found in these papers on the basis of
some specific approach. We show that this approach is untenable in tha
t the above expression, first, is not derived from some more fundament
al and undeniable premises, as is claimed, but rather postulated, and
second, contains undefined terms, so that one can neither use nor chec
k it. From this we conclude that at the moment there is not a grain of
evidence to suggest that the time machine must be unstable. As an ill
ustration we cite a few cases of (two-dimensional) spacetimes containi
ng time machines with [T] bounded near the Cauchy horizon.