In a chain of nonlinear oscillators, linearly coupled to their nearest neig
hbors, all travelling waves of small amplitude are found as solutions of fi
nite dimensional reversible dynamical systems. The coupling constant and th
e inverse wave speed form the parameter space. The groundstate consists of
a one-parameter family of periodic waves. It is realized in a certain param
eter region containing all cases of light coupling. Beyond the border of th
is region the complexity of wave-forms increases via a succession of bifurc
ations. In this paper we give an appropriate formulation of this problem, p
rove the basic facts about the reduction to finite dimensions, show the exi
stence of the ground states and discuss the first bifurcation by determinin
g a normal form for the reduced system. Finally we show the existence of na
nopterons, which are localized waves with a noncancelling periodic tail at
infinity whose amplitude is exponentially small in the bifurcation paramete
r.