Several studies indicate that the electrophysiologic substrate for sustained ventricular tachycardia differs from that of ventricular fibrillation. This prospective study examined whether there were clinically relevant differences between the predictive values of the standard time-domain signal-averaged (SA) electrocardiographic (ECG) variables for ventricular tachycardia and sudden death after myocardial infarction. Predischarge SA electrocardiograms were recorded in 332 patients after infarction. During a follow-up period of greater than or equal to 6 months, there were 12 sudden deaths (3.6%), 14 patients (4.2%) developed spontaneous sustained ventricular tachycardia and 20 patients (6%) died of circulatory failure. The sensitivity, specificity and positive predictive accuracy of the numerical values of the time-domain SA electrocardiographic variables for predicting sudden death and ventricular tachycardia were compared. The optimal criteria for predicting ventricular tachycardia required the positivity of greater than or equal to 2 of the standard time-domain SA variables, whereas the optimal criteria for predicting sudden death required the positivity of all 3 variables. A high specificity was sustained over a wider range of sensitivity for sudden death than it was for ventricular tachycardia and the values of the variables which provided the same sensitivity for sudden death and ventricular tachycardia were different. For a sensitivity of 70%, the positive predictive accuracy was 31% for predicting sudden death and 13% for predicting ventricular tachycardia. The study concludes that differences in the predictive characteristics of variables for ventricular tachycardia and sudden death may be used to refine postinfarction risk stratification.