The geometry of the global phase space of the collinear three-body pro
blem with negative energy is presented in this paper. A set of transfo
rmations is introduced to create fictitious boundaries to make the pha
se space compact. At first, the binary collisions are not regularized
Then one of the binary collisions (the collision between m(2) and m(3)
) is regularized and we analyze the phase structure of this ''half reg
ularized'' system. Finally, the second binary collision (the collision
between m(1) and m(2)) is regularized and we analyze how the phase st
ructure is transformed by this regularization. The whole analysis prov
ides a vivid picture of the phase now of the collinear three-body prob
lem. (C) 1995 Academic Press, Inc.