In this paper, we describe a method for design of optimal finite-diffe
rence stencils for wave propagation problems using an intrinsically ex
plicit Galerkin-wavelet formulation. The method enables an efficient c
hoice of stencils optimal for a certain problem. We compare group velo
city curves corresponding to stencils obtained by our choice of wavele
t basis and traditional finite-difference schemes. Generally there exi
st choices of stencils with superior characteristics compared to conve
ntional finite-difference stencils of the same size. Beside gain in ac
curacy, this leads to large computational savings.