We discuss the prospects for a laser-like source of atoms where - in c
lose analogy to the laser, and in close analogy to the recently observ
ed Bose-Einstein condensation-many atoms of an atomic gas occupy a sin
gle center-of-mass motional state. We develop a theoretical descriptio
n borrowing concepts from many-body quantum field theory and laser the
ory. Our results show threshold behavior, mode competition and Poisson
ian atom statistics above threshold.