We study the transformation under the full string theory duality group
of the observable charges (including mass, angular momentum, NUT char
ge, electric, magnetic and different scalar charges) of four-dimension
al point-like objects whose asymptotic behavior constitutes subclass c
losed under duality. We find that those charges fall into two complex
four-dimensional representations of the duality group, T-duality (incl
uding Buscher's transformations) has an O(1,2) action on them and S-du
ality a U(1) action, The generalized Bogomol'nyi bound is an U(2,2)-in
variant built out of one representation while the other representation
(which includes the angular momentum) never appears in it. The bound
is manifestly duality-invariant. Consistency between T-duality and sup
ersymmetry seems to require that primary scalar hair is included in th
e generalized Bogomol'nyi bound, We also find that all known four-dime
nsional supersymmetric massless black holes are the T-duals in the tim
e direction of the usual massive supersymmetric black holes, Non-extre
me massless ''black holes'' can be found as the T-duals of the non-ext
reme black holes, All of them have primary scalar hair and naked singu
larities. (C) 1997 Elsevier Science B.V.