Abstract
Building upon our previous work on two-dimensional stringy black holes and its extension to spherically-symmetric four-dimensional stringy black holes, we show how the latter retain information. A key r\^ole is played by an infinite-dimensional $W_\infty$ symmetry that preserves the area of an isolated black-hole horizon and hence its entropy. The exactly-marginal conformal world-sheet operator representing a massless stringy particle interacting with the black hole necessarily includes a contribution from $W_\infty$ generators in its vertex function. This admixture manifests the transfer of information between the string black hole and external particles. We discuss different manifestations of $W_\infty$ symmetry in black-hole physics and the connections between them.
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