Let H2(μ) denote the
closure of the polynomials in L2(μ), where μ is a positive finite compactly
supported Borel measure carried by the closed unit disc D. For λ ∈D, define
E(λ) =sup{|p(λ)|∕∥p∥μ}, where the suprenum is taken over all polynomials whose
L2(μ) norm is not zero. If E(λ) < ∞ we say that μ has a bounded point evaluation at
λ, abbreviated b.p.e. at λ. Whenever E(λ) < ∞ we may fix the value of
f ∈ H2(μ) at λ. We determine lhe set on which all functions in H2(μ) have
(fixed) analytic values in terms of the parts of the spectrum of a certain
operator.