We analyze the phenomena of Bose Novae, as described by Donley et al [Nature
412, 295 (2001)], by focusing on the behavior of excitations or fluctuations
above the condensate, as driven by the dynamics of the condensate (rather than
the dynamics of the condensate alone or the kinetics of the atoms). The
dynamics of the condensate squeezes and amplifies the quantum excitations,
mixing the positive and negative frequency components of their wave functions
thereby creating particles which appear as bursts and jets. By analyzing the
changing amplitude and particle content of these excitations, our simple
physical picture (based on a test field approximation) explains well the
overall features of the Bose Novae phenomena and provide excellent quantitative
fits with experimental data on several aspects, such as the scaling behavior of
the collapse time and the amount of particles in the jet. The predictions of
the bursts at this level of approximation is less than satisfactory but may be
improved on by including the backreaction of the excitations on the condensate.
The mechanism behind the dominant effect -- parametric amplification of vacuum
fluctuations and freezing of modes outside of horizon -- is similar to that of
cosmological particle creation and structure formation in a rapid quench (which
is fundamentally different from Hawking radiation in black holes). This shows
that BEC dynamics is a promising venue for doing `laboratory cosmology'.Comment: Latex 36 pages, 6 figure