We study the stabilization of scalars near a supersymmetric black hole
horizon using the equation of motion of a particle moving in a potent
ial and background metric. When the relevant 4-dimensional theory is d
escribed by special geometry, the generic properties of the critical p
oints of this potential can be studied. We find that the extremal valu
e of the central charge provides the minimal value of the BPS mass and
of the potential under the condition that the moduli space metric is
positive at the critical point. This is a property of a regular specia
l geometry. We also study the critical points in all N greater than or
equal to 2 supersymmetric theories. We relate these ideas to the Wein
hold and Ruppeiner metrics introduced in the geometric approach to the
rmodynamics and used for the study of critical phenomena. (C) 1997 Els
evier Science B.V.