It is shown on the Hartree-Fock level of theory that Peierls distortio
ns of two different bond alternation patterns are possible for poly (p
erinaphthalene). In the structurally related oligomeric systems, the s
tabilization of a given type of bond length distortion results from th
e boundary conditions as imposed by different end groups. For the poly
mer, the re-re electron interaction is found to give preference to the
bond alternation observed in oligorylenes. Nevertheless, the adiabati
c potential energy surface has a double-well shape, with two almost de
generate minima separated by a low potential barrier.