A new approach to the theory of anisotropic exciton based on Fock transform
ation, i.e., on a stereographic projection of the momentum to the unit four
-dimensional (4D) sphere, is developed. Hyperspherical functions are used a
s a basis of the perturbation theory. The binding energies, wave functions
and oscillator strengths of elongated as well as flattened excitons are obt
ained numerically. It is shown that with an increase of the anisotropy degr
ee the oscillator strengths are markedly redistributed between optically ac
tive and formerly inactive states, making the latter optically active. An a
pproximate analytical solution of the anisotropic exciton problem taking in
to account the angular momentum conserving terms is obtained. This solution
gives the binding energies of moderately anisotropic exciton with a good a
ccuracy and provides a useful qualitative description of the energy level e
volution. (C) 2000 American Institute of Physics. [S0022-2488(00)00509-0].