We examine an extension to the theory of Gaussian wavepacket dynamics in a
one-dimensional potential by means of a sequence of time-dependent displace
ment and squeezing transformations. Exact expressions for the quantum dynam
ics are found, and relationships are explored between the squeezed system,
Gaussian wavepacket dynamics, the time-dependent harmonic oscillator, and w
avepacket dynamics in a Gauss-Hermite basis. Expressions are given for the
matrix elements of the potential in some simple cases. Several examples are
given, including the propagation of a non-Gaussian initial state in a Mors
e potential.