It is shown that the Bethe-Salpeter approach, the Bardeen, Cooper, and Schrieffer (BCS) based vertex method, and a generalized random-phase approximation (GRPA) to the many-electron problem in the presence of a condensed quantum phase yield the same theoretical excitation spectrum ω(Q) to collective modes. This spectrum reveals a secondary peak in optical absorption in semiconductors that can be understood as signaling the existence of an excitonic Bose-Einstein condensate (BEC). The analysis shows as well that there is an additional, non-trivial linearly-dispersive moving Cooper-pair solution for superconductors in both weak and strong coupling.