These notes are based on work done in collaboration with Frank Ferrari
. We show how to determine the spectra of stable BPS states in N = 2 s
upersymmetric SU(2) Yang-Mills theories that are asymptotically free,
i.e. without and with N-f = 1, 2, 3 quark hypermultiplets. In all case
s: There is a curve of marginal stability diffeomorphic to a circle an
d going through all (finite) singular points of moduli space. The BPS
spectra are discontinuous across these curves. The strong-coupling spe
ctra (inside the curves) contain only those BPS states that can become
massless and are responsible for the singularities. Except for N-f =
3, they form a multiplet (with different masses) of the broken global
discrete symmetry. Ail other semi-classical BPS states must and do dec
ay consistently when crossing the curves. The weak-coupling i.e. semi-
classical BPS spectra, contain no magnetic charges larger than one for
N-f = 0, 1, 2 and no magnetic charges larger than two for N-f = 3.