Simultaneous measurements of mesospheric OH (6–2) Meinel and O<sub>2</sub> (0–1) Atmospheric band emissions from a low-latitude station, Maui, Hawaii (20.8° N, 156.2° W) are utilized to study the wave characteristics and associated processes. Deduced temperatures show large variability in both OH and O<sub>2</sub> data. The seasonal variability in the temperature shows a well-defined, semiannual type of oscillation, which are comparable to the ground-based rocket sounding data. The "Wave Growth Factor", a ratio of normalized perturbation amplitude in O<sub>2</sub> to the OH temperature variability, is estimated for principal as well as residual smaller period components of the nocturnal variability. It is noticed that smaller period waves (less than 12 h) occasionally have large growth factors of about 3–4 during equinox transitions, an indication of wave amplitude amplification within the 87–94 km altitudes while a strong wave-dissipation occurs throughout the year.