We study the spectrum of the linearized NLS equation in three dimensions in association with the energy spectrum. We prove that unstable eigenvalues of the linearized NLS problem are related to negative eigenvalues of the energy spectrum, while neutrally stable eigenvalues may have both positive and negative energies. The nonsingular part of the neutrally stable essential spectrum is always related to the positive energy spectrum. We derive bounds on the number of unstable eigenvalues of the linearized NLS problem and study bifurcations of embedded eigenvalues of positive and negative energies. We develop the L2-scattering theory for the linearized NLS operators and recover results of Grillakis with a Fermi golden rule
