This paper is an attempt to show that the subvaluation theory isnot a good theory of vagueness. It begins with a short review of supervaluation and subvaluation theories and procedes to evaluate the subvaluation theory. Subvaluationism shares all the main short-comings of supervaluationism.Moreover, the solution to the sorites paradox proposed by subvaluationists isnot satisfactory. There is another solution which subvaluationists could availthemselves of, but it destroys the whole motivation for using a paraconsistentlogic and is not different from the one offered (...) by supervaluationism. (shrink)