We present an optical (reflectance and photoluminescence) study of met
astable excitons in ZnSe/Zn1-xFexSe quantum-well structures. These sta
tes asr associated with the type-II (-1/2, -3/2) ground state exciton
of the system. The metastable excitons are formed because the Coulomb
attraction of the m(j)=-1/2 electron tends to localize the m(j)=-3/2 h
ole in the vicinity of the electron. This complex breaks apart as the
temperature increases, and the system returns to its ground state in w
hich the m(j)=-1/2 electron and the m(j)=-3/2 hole as segregated.