  It is argued that the concept of ``physical quantities possessed by the
system'' is both redundant and inappropriate. We have examined two versions of
the concept of ``possessed values'': one identical with the observed values and
the other non-identical. Assuming the existence of such ``physical quantities
possessed by the system'' and subjecting it to the framework of Bell theorem
under very generous condition allowing even certain form of ``nonlocality'',
one can still arrive at the proper Bell's inequality. With the experimental
falsification of Bell's inequality, we conclude that the concept of ``possessed
values'' finds no place in proper physical reasoning.
