Oscillations of the transient four-wave-mixing signal with a period of
about 100 fs are observed in bulk GaAs using 14 fs pulses tuned to th
e exciton resonance at low temperatures. The measurements are explaine
d in terms of the non-Markovian quantum kinetics for electron-hole pai
rs due to LO-phonon scattering. it is shown that the observed oscillat
ions are evidence for memory effects. The experiments provide a first
test of the central ideas of quantum kinetics, in which the effects of
quantum coherence and of dissipation are intrinsically connected.