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The theoretical foundations of quantum mechanics and de Broglie-Bohm mechanics are analyzed and it is shown that both theories employ a formal approach to microphysics. By using a realistic approach it can be established that the internal structure of particles comply with a wave-equation. Including external potentials yields the Schrodinger equation, which, in this context, is arbitrary due to internal energy components. The uncertainty relations are an expression of this, fundamental, arbitrariness. Electrons and photons can be described by an identical formalism, providing formulations equivalent to the Maxwell equations. Electrostatic interactions justify the initial assumption of electron-wave stability: the stability of electron waves can be referred to vanishing intrinsic fields of interaction. Aspect's experimental proof of non-locally is rejected, because these measurements imply a violation of the uncertainty relations. The theory finally points our some fundamental difficulties for a fully covarient formulation of quantum electyrodynamics, which seem to be related to the existing infinity problems in this field.

PACS numbers: 03.65.Bz, 03.70, 03.75, 14.60 Cd