I don't think I have Cool Edit PRO. I just have Cool 96. I don't seem to have a waveform editing screen, unless that's what you call the main screen. I don't get how you can compress each individual track (if what you mean by "track" is each instrument. I think that's what you mean. Do you just compress, like, certain frequencies? Like midrange frequencies would be for the guitars and vocals, etc. I'll have to look into this "Pro" thing. Maybe there's an upgrade available. I'm still interested in this wave bundles software dohicky.