There are stable wavelets which satisfy the Schrödinger equation. The motion of a wavelet is determined by a set of ordinary differential equations. In a certain limit, a wavelet turns out to be the known representation of a classical material point. A de Broglie wave is constructed by superposing similar free wavelets. Conventional energy eigensolutions of the Schrödinger equation can be interpreted as ensembles of wavelets. If the dynamics of wavelets form the quantum mechanical counterpart of Newton's dynamics of particles, (...) then conventional quantum mechanics is the counterpart of Gibbs's mechanics of ensembles. In this way, conventional quantum mechanics is reinterpreted on a deterministic basis. A difficulty of quantum field theory is predictable from this point of view. (shrink)