We argue that the closed string energy in the bulk bouncing tachyon
background is to be quantised in a simple manner as if strings were trapped in
a finite time interval. We discuss it from three different viewpoints; (1) the
timelike continuation of the sinh-Gordon model, (2) the dual matrix model
description of the (1+1)-dimensional string theory with the bulk bouncing
tachyon condensate, (3) the c_L=1 limit of the timelike Liouville theory with
the dual Liouville potential turned on. There appears to be a parallel between
the bulk bouncing tachyon and the full S-brane of D-brane decay. We find the
critical value \lambda_c of the bulk bouncing tachyon coupling which is
analogous to \lambda_o=1/2 of the full S-brane coupling, at which the system is
thought to be at the bottom of the tachyon potential.Comment: 25 pages, minor changes, one reference adde