  The possibility of a matrix product representation for eigenstates with
energy and momentum zero of a general m-state quantum spin Hamiltonian with
nearest neighbour interaction and periodic boundary condition is considered.
The quadratic algebra used for this representation is generated by 2m operators
which fulfil m^2 quadratic relations and is endowed with a trace. It is shown
that {\em not} every eigenstate with energy and momentum zero can be written as
matrix product state. An explicit counter-example is given. This is in contrast
to the case of open boundary conditions where every zero energy eigenstate can
be written as a matrix product state using a Fock-like representation of the
same quadratic algebra.
