We present an analysis, based on the metaplectic group Mp(2), of the r
ecently introduced single-mode inverse creation and annihilation opera
tors and of the associated eigenstates of different two-photon annihil
ation operators. We motivate and obtain a quantum operator form of the
classical Mobius or fractional linear transformation. The subtle rela
tion to the two unitary irreducible representations of Mp(2) is brough
t out. For problems involving inverse operators the usefulness of the
Bargmann analytic function representation of quantum mechanics is demo
nstrated. Squeezing, bunching, and photon-number distributions of the
four families of states that arise in this context are studied both an
alytically and numerically.